AnswersMO-US History II AEffects of Technology on 1800s Society

Effects of Technology on 1800s Society — Unit test Answers

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1
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Study the graph, and then answer the question.Marginal Tax Rate, Tax Paid, and Tax Share for Those with Incomes over $100,000 from 1920 to 1929Which statement best describes the trends shown in the graph?

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A
As the highest tax rate was reduced in the 1920s, the economy grew.
B
As the highest tax rate was reduced in the 1920s, the economy struggled.
C
As the highest tax rate was increased in the 1920s, the economy grew.
D
As the highest tax rate was increased in the 1920s, the economy struggled.
2
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For most of the 1920s, how did the growth of credit affect the stock market?

A
Investors bought more stocks on margin, and the stock market rose.
B
Investors bought more stocks with cash, and the stock market rose.
C
Investors took fewer risks on stocks, and the stock market declined.
D
Investors took more risks on stocks, and the stock market declined.
3

Look at the graph. During what years did consumerism cause the stock market to grow most?

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A
1920–1921
B
1921–1924
C
1922–1925
D
1924–1929
4

In the 1920s, the continued rise in the stock market and economic growth depended most on

A
bankers buying stocks with cash.
B
investors buying stocks with cash.
C
consumers buying goods on credit.
D
consumers growing their own food.
5

President Harding’s economic policies during the 1920s contributed to the rise of

A
consumerism.
B
savings.
C
product prices.
D
crop prices.
6

Calvin Coolidge’s economic policies during the early 1920s helped people forget about the

A
Teapot Dome Scandal.
B
Wall Street Scandal.
C
Stock Investors Scandal.
D
Consumer Credit Scandal.
7

While consumerism during the 1920s boosted the economy, it also led to

A
more savings.
B
higher debt.
C
lower debt.
D
fewer stocks.
8

An important feature of consumerism in the 1920s was that manufacturers

A
avoided advertising goods.
B
sold goods only for cash.
C
advertised goods.
D
made fewer goods.
9

How did many manufacturers in the 1920s improve efficiency to meet increasing consumer demand?

A
They raised prices to reduce consumer demand, allowing time to meet production needs.
B
They resisted changing production and sales techniques so workers would not need retraining.
C
They offered a smaller variety of goods to focus on producing only a few products.
D
They adopted mass-production manufacturing techniques developed by Henry Ford.
10

In the 1920s, a reflection of the weakening economy was the growing gap between

A
farmers and laborers.
B
the rich and the poor.
C
stockbrokers and bankers.
D
consumers and sellers.

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