Topic 12 Lesson 4

Topic 12 Lesson 4

The Postwar Economy Booms

Multiple Choice

Which was an effect of the growing popularity of credit during the 1920s?

• an increase in cooperative innovation

• a decrease in manufacturing jobs

• an increase in consumer debt

• an increase in personal savings

Multiple Select

How did mass production impact manufacturing in the United States during the 1920s?

Select ALL that apply.

• It extended the average work week.

• It lowered consumer costs.

• It increased the supply of consumer goods.

• It decreased the gross domestic product per capita.

Multiple Choice

Henry Ford’s system for making cars increased efficiency by

• assigning a team to each car.

• dividing operations into simple tasks.

• reducing the number of parts needed.

• training each worker to do every task.

Multiple Choice

The system of manufacturing adopted by Henry Ford was known as the

• installment plan

• assembly line

• credit industry

• mechanical adjustment

Multiple Choice

What effect did the automobile industry of the 1920s have on American society?

• People could live farther from their places of work.

• People moved from the suburbs to the city.

• The mail delivery system expanded across the country.

• Workers did not commute anymore.

Multiple Choice

What does this political cartoon say about consumerism in the 1920s?

• People did not have to wait and save to buy something they wanted because they could use credit

• People had to have delayed gratification until they could afford to buy something

• Buying goods with credit was out of reach of most Americans during the 1920s

Multiple Choice

All of the following are reasons agriculture experienced an economic downturn during the 1920s except

• US farm output outpaced demand for farm products

• farmers could not produce enough food to provide for the nation

• crop prices went down

• farmers produced surpluses but couldn't sell them overseas due to the Fordney-McCumber Act

Multiple Choice

The use of credit and advertising helped to create a nation of consumers. When consumers bought things on credit rather than paying all at once it was called what?

• debt consolidation

• credit frenzy

• charge off

• installment plan

Multiple Choice

This invention eased the isolation of rural families and allowed workers to live farther away from work-- it revolutionized US society.

• airplane

• trolley

• automobile

• boat

Multiple Choice

How did advertisements encourage people to purchase their products?

• By linking their products with social status and preying on peoples' fears and anxiety

• By linking their products with Americans' more local communities

• by promoting heavily discounted prices

• By encouraging people to save money and invest in stocks

Open Ended

In your own words, describe the postwar economy of the United States following WWI.