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2970790
1920s boom quiz
Description
This is a short quiz on why there was a boom in 1920s USA.
No tags specified
1920s
usa
boom
Quiz by
P Cox
, updated more than 1 year ago
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Created by
P Cox
over 9 years ago
104
3
0
Resource summary
Question 1
Question
What natural resources did the USA have?
Answer
Oil
Coal
Iron
Farmland
Fairy dust
Question 2
Question
What are 'core goods'?
Answer
Resources necessary to produce other manufactured goods
Resources from near the centre of the earth
Question 3
Question
Where did the US sell its manufactured goods?
Answer
South America
Europe
The Far East
The Moon
Question 4
Question
The USA stayed out of World War One.
Answer
True
False
Question 5
Question
The USA was not seriously affected by World War One.
Answer
True
False
Question 6
Question
The USA was made rich by World War One.
Answer
True
False
Question 7
Question
Why did the USA do so well economically from World War One?
Answer
It conquered Germany and took its land.
It made massive war loans to France and Britain, which they had to pay back after the war.
They sold arms and munitions to the Allies.
They sold food to the Allies.
Question 8
Question
What technological innovations further helped industry in the US?
Answer
The spread of electrification.
Development of computers.
New materials like plastics.
Question 9
Question
What are the names of the two political parties in the USA
Answer
Republicans
Tories
Democrats
Question 10
Question
Which party were in power for the whole of 1920-1932?
Answer
Republicans
Democrats
Question 11
Question
What, economically, is a 'laissez faire' attitude?
Answer
Treating all people in an equal manner
The government should take a strong role in the economy
Industry should be left alone to make money for the country
Question 12
Question
A tariff is a charge on imported goods.
Answer
True
False
Question 13
Question
Were the Republicans in favour of low or high taxation?
Answer
High
Low
Question 14
Question
Trusts were large businesses run by people like Carnegie and Rockefeller. What were these people sometimes known as?
Answer
Industrial generals
Captains of industry
Business barons
Question 15
Question
Why did the Republicans allow the creation of trusts?
Answer
They thought businessmen knew better than politicians
They trusted them
They thought big industry was better than small industry
Question 16
Question
What is mass production?
Answer
Having one person make all of something
Making money by producing goods at a higher price
Using new production methods to make lots of one product cheaply
Question 17
Question
What is the best example of mass production?
Answer
Radio manufacture
Car manufacture
Fridge manufacture
Question 18
Question
Who was responsible for the first production line car factory?
Answer
Ford
Chrysler
Daimler-Benz
Question 19
Question
Between 1908 and 1925 how many Model-T Fords were produced?
Answer
500,000
1.5 million
15 million
Question 20
Question
What is Hire-Purchase (HP)?
Answer
Buying goods on credit ('buy now pay later')
Using savings to pay for goods
Renting something cheaply, then selling it on
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