15 Questions
Which president oversaw one of the most corrupt administrations in American history?
Harding
Who easily won the election of 1924 and took a hands-off regulatory approach?
Coolidge
What approach did Coolidge take during the Roaring Twenties?
Light touch regulatory approach
What did Coolidge's policies ignore, leading to the speculation that contributed to the stock market crash?
Increasing wealth inequality
What were some causes of the 1929 stock market crash?
Media and social panic
During the 1920s, the American national economy experienced a boom period primarily because of
Improvements in technology and increased production of goods
What was a significant consequence of the culture of consumerism fostered in the 1920s?
An increase in household debt
Which event marked the onset of the Great Depression?
The Wall Street Crash of 1929
What contributed to the growth of the middle class during the 1920s?
Improvements in technology and increased production of goods
What characterized American companies in the 1920s?
Broad prosperity and the rise of consumerism
Which of the following best describes the impact of consumerism in the 1920s?
It led to the rise of new technologies and increased access to goods.
Which of the following was a major driver of consumerism in the 1920s?
The ability to purchase goods on credit through installment plans.
Who benefited politically from the strong economic conditions in the 1920s?
Calvin Coolidge
What was a significant characteristic of consumerism in the 1920s?
The ability to purchase goods on credit
What impact did flappers have on the culture of the 1920s?
They influenced the national consciousness with their unconventional lifestyles.
Quiz: The Roaring Twenties - America's Economic Boom Test your knowledge of the American economy during the 1920s with our quiz! Explore the factors that contributed to the widespread prosperity, low unemployment, and impressive GDP growth of this iconic era. Discover how cultural developments shaped this prosperous period and why it became known as the "Roaring Twenties." Challenge yourself and become an expert on this significant chapter in American economic history!
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