Dollars & Sense of American Capitalism

Flashcard
•
History
•
11th Grade
•
Hard
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26 questions
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1.
FLASHCARD QUESTION
Front
This chart shows what big shift in the US during by 1930? Options: All Americans made more money. There was a wider gap between rich and poor. Americans increasingly turned to government to fix society's problems.
Back
More Americans lived in cities than on farms.
2.
FLASHCARD QUESTION
Front
What led to this shift? Options: World War I, Overcrowding, The Great Depression, The rise of industry
Back
The rise of industry
3.
FLASHCARD QUESTION
Front
Author Mark Twain labeled America in the late 1800s as "The Gilded Age" because...
Back
he wanted to acknowledge the hidden greed, corruption, and inequality that laid under the surface of this prosperous age.
4.
FLASHCARD QUESTION
Front
Improvements in labor conditions, like health benefits, weekends off, and workers' compensation, were ideas first championed by business owners.
Back
False
5.
FLASHCARD QUESTION
Front
To eliminate competition and increase power, capitalists created ________.
Back
monopolies
6.
FLASHCARD QUESTION
Front
According to Henry Ford in "My Life and Work," what is the role of law in fighting poverty?
Back
Law is not designed to cure poverty or abolish special privilege.
7.
FLASHCARD QUESTION
Front
What did Henry Ford do to ensure his employees would work harder and remain on the job for years?
Back
raised wages and cut hours
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