What was the short-term effect of the introduction of installment plans on the U.S. economy?

The economy grew rapidly as consumers spent more and more money.

What was one result of the Fordney-McCumber Act?

High tariffs discouraged international trade.

What event of the early 1920s does this political cartoon symbolize?

the leasing of government-controlled resources to private businesses

How did easy consumer credit help the U.S. economy during the early 1920s?

People bought more goods and created high demand for new products.

During the 1920s, what was the goal of the United States' tariffs?

protect U.S. businesses from competition

What was one long-term effect of high U.S. tariffs?

The global economy declined because of lowered trade.

How did Coolidge's economic policies relate to Harding's?

Like Harding, Coolidge tried to keep government out of business.

What does this advertisement suggest about consumers during the 1920s?

Consumers wanted to buy products associated with wealth and luxury.

What was one result of advertisements like this one during the early 1920s?

Florida experienced a land boom encouraged by speculation.

Which trend during the 1920s does this image reflect?

the growth of the advertising industry

Which conclusion is supported by this image?

low prices made automobiles available to many Americans

How did the introduction of the assembly line affect Ford's factory workers?

Workers had easier jobs and shorter hours.

Which conclusion does the political cartoon best support?

The public blamed politicians in general for the Teapot Dome Scandal.

What was the long-term effect of speculation on Florida?

Many people could no longer live there.

Which statement best describes installment plans?

Consumers made small, regular payments on large purchases.

What was one effect of the popularity of the automobile on the U.S. economy?

More workers were needed in industries that made related parts.

Which of these had the greatest effect in ending the Florida land boom?

poor weather and natural disasters

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The "Roaring Twenties"

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Unit 4 Quiz

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Questions 25

Answers

1
What was the short-term effect of the introduction of installment plans on the U.S. economy?
Wages declined as businesses had less money to pay workers.
Unemployment rose as fewer new products needed to be made.
Consumer goods sales fell as people paid off things they already had.
The economy grew rapidly as consumers spent more and more money.
2
Which industry suffered from overproduction during the early 1920s?
agriculture
housing
household goods
automobile
3
What was one result of the Fordney-McCumber Act?
Lowered income taxes spurred consumer spending.
Domestic and foreign manufacturers competed more intensely.
High tariffs discouraged international trade.
European nations began repaying their debts to the U.S.
4
What event of the early 1920s does this political cartoon symbolize?
the debates in Congress over the national debt
the sale of government land in states like Florida for highway building
the leasing of government-controlled resources to private businesses
the arguments between labor unions and the U.S government
5
The introduction of which of the following most contributed to declining automobile prices during the 1920s?
installment plans
consumer advertisements
assembly lines
protective tariffs
6
How did easy consumer credit help the U.S. economy during the early 1920s?
Farmers sold more crops directly to consumers and so made more profits.
People bought more goods and created high demand for new products.
Interest payments on personal debt allowed banks to make large investments.
Unemployment dropped because people had to find jobs to make their payments
7
During the 1920s, what was the goal of the United States' tariffs?
help European government repay their war debts
protect U.S. businesses from competition
encourage U.S. manufacturers to trade with Europe
keep foreign workers from replacing U.S. workers
8
Which of these most contributed to the economic boom of the early 1920s?
increased consumerism
low unemployment
low agricultural prices
free trade
9
Which of these was an effect of U.S. government policies during the 1920s?
U.S. economic growth slowed.
U.S. income tax rates rose.
U.S. national debt declined.
U.S. free trade increased.
10
What was one long-term effect of high U.S. tariffs?
U.S. manufacturers reached new markets in Europe and Asia.
Consumers began buying fewer domestically-made goods.
The global economy declined because of lowered trade.
European nations increased trade with the United States.
11
Which of these contributed the most to the Florida land boom?
introduction of the automobile
stock market speculation
elimination of state income taxes
construction of motels and diners
12
Which area of the economy benefited from the policies of the Harding administration?
foreign governments
labor unions
agricultural producers
domestic businesses
13
How did Coolidge's economic policies relate to Harding's?
Unlike Harding, Coolidge worked to raise falling crop prices.
Unlike Harding, Coolidge believed in limited government regulation of jobs
Like Harding, Coolidge wanted to help workers' rights.
Like Harding, Coolidge tried to keep government out of business.
14
What does this advertisement suggest about consumers during the 1920s?
Consumers disbelieved the claims made by new advertisements.
Consumers wanted to buy products associated with wealth and luxury.
Consumers resisted trying new products because of their high cost.
Consumers preferred to buy products that contributed to better health.
15
What was one result of advertisements like this one during the early 1920s?
Florida experienced a land boom encouraged by speculation.
The population of Florida declined rapidly.
Companies stopped trying to sell air-conditioning to Florida consumers.
People began visiting Florida as tourists for the first time.
16
Which trend during the 1920s does this image reflect?
the growth of the advertising industry
reliance on scientific management techniques
using protecting tariffs to control foreign imports
the growth of the farming industry
17
Which conclusion is supported by this image?
demand for automobiles dropped during the 1920s and resulted in lower
low prices made automobiles available to many Americans
consumers had little money to buy luxury goods during the 1920s
prices for automobiles rose during the 1920s because of limited foreign com
18
How did the introduction of the assembly line affect Ford's factory workers?
Workers had easier jobs and shorter hours.
Workers stopped trying to win better wages through unions.
Workers made less money despite learning new skills.
Workers' jobs became more complex and interesting.
19
Which conclusion does the political cartoon best support?
The public was uninformed about what happened in the Teapot Dome Scandal.
The Republican Party lost Congressional seats because of the Teapot Dome
The public blamed politicians in general for the Teapot Dome Scandal.
The Democratic Party was forced out of Washington as a result of the Teapot
20
What was the long-term effect of speculation on Florida?
The government taxed property and income at high rates.
Residents' wages grew to keep up with rising rents.
Investors moved to the state permanently
Many people could no longer live there.
21
Which statement best describes installment plans?
Businesses had workers install the same piece on every product.
Businesses paid workers each week for work they had completed.
Consumers made small, regular payments on large purchases.
Consumers saved small amounts each month towards a large purchase.
22
What was one effect of the popularity of the automobile on the U.S. economy?
Tourism declined as drivers quickly tired of heavy road traffic.
Factory workers experienced declining wages and longer working hours.
Fewer people took on consumer debt in order to save up to buy a car.
More workers were needed in industries that made related parts.
23
Which of these had the greatest effect in ending the Florida land boom?
speculation and high land prices
decreased tourism and high taxes
poor weather and natural disasters
stalled road and railway construction
24
What modern innovation is Henry Ford's most lasting contribution?
assembly line
scientific management
installment plans
new advertising techniques
25
Which of the following was a goal of the Harding administration?
increasing revenues
encouraging free trade
raising crop prices
balancing the national budget

The "Roaring Twenties" Flashcards | StudBud