AnswersNY-US History and Government Term 2 HillcrestUnit Test

Unit Test — Unit test Answers

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Businesses and industries in the 1920s most closely followed the buying demands of

A
government.
B
farmers.
C
consumers.
D
manufacturers.
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What does a strong economy depend on the most?

A
many investors speculating.
B
many banks giving many people loans.
C
most consumers buying on credit.
D
most people’s confidence in the economy.
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What is consumerism?

A
a pattern of wanting and buying new products
B
a pattern of saving most of one’s money
C
a pattern of raising prices on store-bought goods
D
a pattern of lowering prices on farm-produced goods
44

Which industry boosted consumerism in the 1920s, feeding economic growth?

A
advertising
B
electricity
C
farming
D
manufacturing
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How did the overproduction of goods in the 1920s affect consumer prices, and in turn, the economy?

A
Consumer demand increased, prices decreased, and the economy grew.
B
Prices increased along with consumer demand, and the economy grew.
C
Consumer demand decreased, prices decreased, and the economy slowed.
D
Prices increased, consumer demand decreased, and the economy grew.

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