Gr 11 History Ch 2: The nature of capitalism in the USA
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Questions and Answers

What was a trend in labor laws during the 1920s?

  • Only applicable to union workers
  • No significant changes
  • Expansion of workers' rights
  • Rolling back of labor protections (correct)

    • What was the main goal of the Immigration Act of 1924?

  • Severely limit immigration from southern and eastern Europe and Asia (correct)
  • Restrict immigration from the Americas
  • Encourage immigration from Asia and Europe
  • Promote open borders

    • What was a significant impact of technological advancements in the 1920s?

  • Increased production costs
  • No significant impact on production
  • Reduced accessibility of consumer goods
  • Drastically reduced costs and made consumer goods more accessible (correct)

    • What was a key factor in the prosperity of the 1920s?

    <p>Performance of the stock market</p> Signup and view all the answers

    What event marked the end of the prosperous era in the 1920s?

    <p>The stock market crash of 1929</p> Signup and view all the answers

    What was a characteristic of consumer behavior in the 1920s?

    <p>Increased consumer spending driven by advertising and credit systems</p> Signup and view all the answers

    What characterized the early 20th century in American capitalism?

    <p>Rapid industrial growth</p> Signup and view all the answers

    What was the purpose of the War Industries Board established in 1917?

    <p>To coordinate war material production</p> Signup and view all the answers

    What was the economic stance of Presidents Harding and Coolidge?

    <p>Pro-business</p> Signup and view all the answers

    What was the outcome of the economic policies of Presidents Harding and Coolidge?

    <p>Economic boom</p> Signup and view all the answers

    What contributed to the growth of labor unions in the 1920s?

    <p>Improved wages and working conditions</p> Signup and view all the answers

    What facilitated the massive expansion in American industry in the 1920s?

    <p>Technological advancements and increase in consumer goods production</p> Signup and view all the answers

    What did the mantra 'The business of the American people is business' encapsulate?

    <p>Pro-business stance</p> Signup and view all the answers

    What was the brief economic phase the United States faced after World War I?

    <p>Economic slump</p> Signup and view all the answers

    What ethos was reflected in the rolling back of labor protections during the 1920s?

    <p>Pro-capitalist ethos</p> Signup and view all the answers

    What was the primary target of the Immigration Act of 1924?

    <p>Immigration from southern and eastern Europe and Asia</p> Signup and view all the answers

    What innovation made consumer goods like automobiles more accessible to the masses?

    <p>The adoption of mass production techniques</p> Signup and view all the answers

    What drove the soaring stock values in the 1920s?

    <p>Rampant speculation</p> Signup and view all the answers

    What marked the onset of the Great Depression?

    <p>The stock market crash of 1929</p> Signup and view all the answers

    What characterized the consumer behavior in the 1920s?

    <p>An increase in consumer spending driven by advertising and credit systems</p> Signup and view all the answers

    What was a significant factor in the United States emerging as a leading global industrial power in the early 20th century?

    <p>An abundance of raw materials</p> Signup and view all the answers

    What was the primary goal of the War Industries Board established in 1917?

    <p>To coordinate the production of war materials</p> Signup and view all the answers

    What was a result of the economic policies of Presidents Harding and Coolidge?

    <p>A return to normalcy and a free-market economy</p> Signup and view all the answers

    What was a characteristic of the economic boom of the 1920s?

    <p>A massive expansion in American industry</p> Signup and view all the answers

    What was a major shift in governmental policies during World War I?

    <p>A shift from laissez-faire to increased regulation and control over industries</p> Signup and view all the answers

    What was a consequence of the improved wages and working conditions during World War I?

    <p>A rise in labor union membership</p> Signup and view all the answers

    What was the primary driver of the United States' rapid industrial growth in the early 20th century?

    <p>An abundance of raw materials and a growing labor force</p> Signup and view all the answers

    What was the mantra that encapsulated the economic stance of Presidents Harding and Coolidge?

    <p>The business of the American people is business</p> Signup and view all the answers

    What was the main ideology reflected in the rolling back of labor protections during the 1920s?

    <p>Pro-capitalist ethos</p> Signup and view all the answers

    What was the impact of the Immigration Act of 1924 on immigration?

    <p>It discouraged immigration from southern and eastern Europe and Asia</p> Signup and view all the answers

    What was the role of technological advancements in the 1920s?

    <p>It made consumer goods like automobiles more accessible to the masses</p> Signup and view all the answers

    What was the driving force behind the soaring stock values in the 1920s?

    <p>Rampant speculation</p> Signup and view all the answers

    What was the outcome of the economic policies of the 1920s?

    <p>It led to the Great Depression</p> Signup and view all the answers

    What was the characteristic of consumer behavior in the 1920s?

    <p>Increased consumer spending</p> Signup and view all the answers

    What was a major factor in the United States' emergence as a leading global industrial power in the early 20th century?

    <p>Abundance of raw materials and a growing labor force</p> Signup and view all the answers

    What was the primary goal of the War Industries Board established in 1917?

    <p>To regulate and control industries to support the war effort</p> Signup and view all the answers

    What was a characteristic of the economic boom of the 1920s?

    <p>Massive expansion in American industry</p> Signup and view all the answers

    What was the outcome of the economic policies of Presidents Harding and Coolidge?

    <p>A significant reduction in government involvement in business</p> Signup and view all the answers

    What was a consequence of the improved wages and working conditions during World War I?

    <p>Increased labor union membership</p> Signup and view all the answers

    What was the primary driver of the United States' rapid industrial growth in the early 20th century?

    <p>Abundance of raw materials and a growing labor force</p> Signup and view all the answers

    What marked a significant shift in governmental policies during World War I?

    <p>Increased government involvement in business</p> Signup and view all the answers

    What was the brief economic phase the United States faced after World War I?

    <p>A brief economic slump</p> Signup and view all the answers

    What was the primary impact of the War Industries Board established in 1917 on the US economy?

    <p>Enhanced coordination and control of industries to support the war effort</p> Signup and view all the answers

    What was the primary driver of the massive expansion in American industry in the 1920s?

    <p>Technological advancements and an increase in consumer goods production</p> Signup and view all the answers

    What was the outcome of the economic policies of Presidents Harding and Coolidge?

    <p>A brief economic slump followed by a rapid rebound</p> Signup and view all the answers

    What was a significant factor in the growth of labor unions in the 1920s?

    <p>Improved wages and working conditions during World War I</p> Signup and view all the answers

    What was the primary characteristic of the economic boom of the 1920s?

    <p>Massive expansion in American industry</p> Signup and view all the answers

    What marked a significant shift in governmental policies during World War I?

    <p>Establishment of the War Industries Board</p> Signup and view all the answers

    What was the primary driver of the United States' rapid industrial growth in the early 20th century?

    <p>Abundance of natural resources</p> Signup and view all the answers

    What characterized the era's ethos in the 1920s?

    <p>Pro-capitalist and isolationist</p> Signup and view all the answers

    What was the primary goal of the Immigration Act of 1924?

    <p>To severely limit immigration from southern and eastern Europe and Asia</p> Signup and view all the answers

    What was a significant impact of technological advancements in the 1920s?

    <p>Made consumer goods like automobiles more accessible to the masses</p> Signup and view all the answers

    What was the primary factor that drove the prosperity of the 1920s?

    <p>The performance of the stock market</p> Signup and view all the answers

    What marked the end of the prosperous era in the 1920s?

    <p>The stock market crash of 1929</p> Signup and view all the answers

    What characterized consumer behavior in the 1920s?

    <p>Increased consumer debt and credit spending</p> Signup and view all the answers

    What was a significant factor in the United States' emergence as a leading global industrial power?

    <p>The adoption of mass production techniques</p> Signup and view all the answers

    What was the primary driver of the speculative bubble in the stock market?

    <p>Rampant speculation and overvaluation of stocks</p> Signup and view all the answers

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