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Cold War Section 2 Flashcards | StudBud

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What results when demand for goods far exceeds their supply?

Which of these was a part of the Taft-Hartley Act?

Cold War Section 2

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Answers

1
Which of these was a part of the Taft-Hartley Act?
Industries were ordered to raise workers' salaries
the government could not interfere with a union strike
Unions were required to contribute to political campaigns
Union contracts could not ban non-union workers.
2
What results when demand for goods far exceeds their supply?
deflation
recession
depression
inflation
3
What 1950s product had the greatest impact on American life?
television
air conditioners
frozen dinners
recession
4
What were Truman's Fair Deal policies?
an extension of the New Deal programs
a "do-nothing" approach to social problems
a plan for the government to run major business
a withdrawal of most New Deal policies
5
What happened to the American standard of living in the 1950s?
it rose for a short time, and then declined
it rose steadily
it remained at World War II levels
it declined