The U.S. and Global Economy During the Roaring Twenties

Quiz
•
Design
•
11th Grade
•
Hard

Michael Fitts
Used 2+ times
FREE Resource
6 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Which phrase best completes the diagram?
Led to a wave of strikes across the country
Stimulated a period of Progressive reforms
Spurred a period of economic growth and prosperity
Helped to bring about the Second Industrial Revolution
Answer explanation
The combination of pro-business policies, higher tariffs, lower taxes for the wealthy, and minimal government interference in business activities typically spurs a period of economic growth and prosperity. These measures are designed to create a favorable environment for businesses to thrive, leading to increased investment, job creation, and overall economic expansion.
2.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Which groups did not generally participate in the economic boom of the 1920s?
manufacturers and real estate developers
stock brokers and automobile workers
bankers and construction workers
minorities and railroad workers
Answer explanation
Minorities often faced systemic discrimination and limited economic opportunities, while the railroad industry was experiencing a decline due to the rise of automobiles and trucks, leading to reduced demand for railroad workers.
3.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
What was one impact of the changes shown in the graph?
The U.S. government purchased the agricultural surplus from farmers.
Farmers did not generally participate in the prosperity of the 1920s.
Speculators bought up American farmland at inexpensive prices.
Local food prices remained high because of domestic demand.
Answer explanation
The graph shows a decline in the value of U.S. agricultural exports from 1919 to 1926. This decline meant that farmers were not able to sell as much of their produce overseas, leading to lower incomes for farmers.
4.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
What was the primary cause of the changes to the unemployment rate in 1920 and 1921 shown on the graph?
the effects of demobilization
the impact of the “Red Scare”
the passage of the Emergency Quota Act
the Bolshevik victory in the Russian Civil War
Answer explanation
After World War I, the United States experienced a rapid transition from a wartime to a peacetime economy. This led to a temporary increase in unemployment as soldiers returned home and war-related industries reduced production.
5.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
What was a significant factor contributing to the economic prosperity of the 1920s?
The implementation of the Gold Standard
The end of World War II
The introduction of the New Deal policies
The widespread adoption of the assembly line
Answer explanation
The widespread adoption of the assembly line significantly boosted economic prosperity in the 1920s by increasing production efficiency and lowering costs.
6.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Based on the diagram, which conclusion can be made about the international flow of funds in this period?
German prosperity fueled European growth in the early 1920s.
American prosperity helped to secure European stability in the early 1920s.
French public opinion opposed the collection of reparations from Germany as unjust.
The close connection between the American and European economies prevented U.S. leaders from raising tariffs during the 1920s.
Answer explanation
The diagram shows that the United States provided loans to Germany, which then made reparation payments to France and Britain. France and Britain, in turn, used these funds to pay war debts to the United States. This cycle indicates that American prosperity, through loans, helped to secure European stability in the early 1920s.
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