Question 1

Between 1850 and 1950 the productivity of the average American farm worker

Accepted Answer

A)  declined.
B)  remained about the same.
C)  doubled.
D)  quadrupleD.

Question 2

Henry Ford

Accepted Answer

A)  was the second automobile manufacturer to use a moving assembly line.
B)  was the first automobile manufacturer to manufacture a standardized engine with interchangeable parts.
C)  sold millions of cars at a small unit of profit that allowed his company to keep auto prices low and wages high.
D)  all of the statements are true.

Question 3

Statement I.The baby boom after World War II,along with low gas prices,accelerated the trend toward suburbanization.
Statement II.The Japanese and West German industrial production was so damaged or destroyed after World War II that it wasn't until 1960 that these nations could effectively compete in the world market.

Accepted Answer

A)  Statement I is true and statement II is false.
B)  Statement II is true and statement I is false.
C)  Both statements are true.
D)  Both statements are false.

Question 4

Which government reform or program did not occur in the 1930s?

Accepted Answer

A)  The creation of the Federal Deposit Insurance Corporation (FDI
C)  
B)  The GI bill of rights
C)  The creation of the Securities Exchange Commission
D)  The Social Security System

Question 5

At the time of the Civil War the most important crop in the South was ________.

Accepted Answer

The answer of At the time of the Civil War...

Question 6

The United States truly became a mass consumption society in

Accepted Answer

A)  the early 1900s.
B)  the 1920s.
C)  the 1940s.
D)  the 1960s.
E)  the 1980s.

Question 7

Since the government has been paying out farm subsidies

Accepted Answer

A)  the number of family farms has increased by about 40 percent.
B)  the number of family farms has increased slightly.
C)  the number of family farms has decreased slightly.
D)  the number of family farms has decreased by 70 percent.

Question 8

When General Dwight D.Eisenhower ran for the presidency for the first time,he said he would

Accepted Answer

A)  end the recession and end inflation.
B)  end the recession and end the Korean War.
C)  end inflation and end the Korean War.
D)  end the recession,the Korean War,and inflation.

Question 9

The low point of the Great Depression was reached in the year

Accepted Answer

A)  1929.
B)  1931.
C)  1933.
D)  1935.
E)  1937.

Question 10

Since World War II,about ______ out of every ten family farms have disappeared.

Accepted Answer

A)  one
B)  three
C)  five
D)  seven
E)  nine

Question 11

Which of the following is true?

Accepted Answer

A)  The completion of the transcontinental railroad system in the 1880s eventually made the United States the world's first mass market.
B)  Southern manufacturers were hurt by the high protective tariffs of the 19th century that kept out cheaper British manufactured goods.
C)  The national railroad network created an "American economy" rather than just a series of regional economies located in one country.
D)  Agricultural inventions such as John Deere's steel plows greatly improved farm productivity.
E)  All of the choices are true.

Question 12

In 1929 we produced over _____ million motor vehicles.

Accepted Answer

The answer of In 1929 we produced over _____ million...

Question 13

Which of the following is true?

Accepted Answer

A)  The Japanese rebuilt their economy after World War II by selling its goods to their own rapidly growing population.
B)  Slow U.S.population growth in the 19th century forced American farmers and manufacturers to seek foreign markets to propel its rapid economic growth.
C)  The Japanese rebuilt their economy after World War II by targeting the large U.S.market,while their own market remained largely closed to U.S.manufactured goods.
D)  America's rapid population growth in the 19th century slowed its economic growth rate.

Question 14

Which statement is true?

Accepted Answer

A)  Subsidy payments to farmers were almost completely phased out in 2007.
B)  The so-called new economy of the 1990s was neither new,nor very different from the economy of the previous 25 years.
C)  Until the time of the Great Depression,the United States was primarily an agricultural nation.
D)  There were no recessions during the presidency of Bill Clinton (January 1993-January 2000) .

Question 15

Which statement is false?

Accepted Answer

A)  The 1990s was one of the most prosperous decades in our history.
B)  Our economy reached its tenth year of steady expansion in the spring of 2001.
C)  Compared to other decades,the 1990s was a decade was unique in that it had strong economic growth with no recessions.
D)  At the end of the 1990s,the government was running budget surpluses.

Question 16

The United States experienced a depression in which of the following decades?

Accepted Answer

A)  The 1920s
B)  The 1940s
C)  The 1950s
D)  The 1970s

Question 17

Which of the following has been one of the most productive sectors of the U.S.economy through the 19th,20th and 21st centuries?

Accepted Answer

A)  Textiles
B)  Steamships
C)  Steel
D)  Agriculture

Question 18

Which is the most accurate statement?

Accepted Answer

A)  The administration of President Dwight Eisenhower undid much of what remained of the New Deal.
B)  After taking office,President Eisenhower made good on his pledge to end inflation.
C)  Suburbanization was halted during the Eisenhower Administration.
D)  There were no recessions during the Eisenhower Administration.

Question 19

Which statement is false?

Accepted Answer

A)  Between 1789 and 1812 our population doubled.
B)  Between 1812 and 1835 our population doubled.
C)  Between 1835 and 1858 our population doubled.
D)  None of the statements are false.

Question 20

The early 1930s was a period of

Accepted Answer

A)  inflation and deflation.
B)  neither inflation nor deflation.
C)  inflation.
D)  deflation.

Exam 1: A Brief Economic History of the United States

Which of the following has been one of the most productive sectors of the U.S.economy through the 19th,20th and 21st centuries?

Correct Answer
verified

Which statement is false?

Correct Answer
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The early 1930s was a period of

Correct Answer
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Which of the following is true?

Correct Answer
verified

Since World War II,about ______ out of every ten family farms have disappeared.

Correct Answer
verified

Henry Ford

Correct Answer
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Which government reform or program did not occur in the 1930s?

Correct Answer
verified

The low point of the Great Depression was reached in the year

Correct Answer
verified

In 1929 we produced over _____ million motor vehicles.

Correct Answer
verified

The United States experienced a depression in which of the following decades?

Correct Answer
verified

Which statement is false?

Correct Answer
verified

Which is the most accurate statement?

Correct Answer
verified

The United States truly became a mass consumption society in

Correct Answer
verified

Which of the following is true?

Correct Answer
verified

Between 1850 and 1950 the productivity of the average American farm worker

Correct Answer
verified

At the time of the Civil War the most important crop in the South was ________.

Correct Answer
verified

When General Dwight D.Eisenhower ran for the presidency for the first time,he said he would

Correct Answer
verified

Correct Answer
verified

Since the government has been paying out farm subsidies

Correct Answer
verified

Which statement is true?

Correct Answer
verified

Exam 1: A Brief Economic History of the United States

Which of the following has been one of the most productive sectors of the U.S.economy through the 19th,20th and 21st centuries?

Correct AnswerverifiedShow Answer

Which statement is false?

Correct AnswerverifiedShow Answer

The early 1930s was a period of

Correct AnswerverifiedShow Answer

Which of the following is true?

Correct AnswerverifiedShow Answer

Since World War II,about ______ out of every ten family farms have disappeared.

Correct AnswerverifiedShow Answer

Henry Ford

Correct AnswerverifiedShow Answer

Which government reform or program did not occur in the 1930s?

Correct AnswerverifiedShow Answer

The low point of the Great Depression was reached in the year

Correct AnswerverifiedShow Answer

In 1929 we produced over _____ million motor vehicles.

Correct AnswerverifiedShow Answer

The United States experienced a depression in which of the following decades?

Correct AnswerverifiedShow Answer

Which statement is false?

Correct AnswerverifiedShow Answer

Which is the most accurate statement?

Correct AnswerverifiedShow Answer

The United States truly became a mass consumption society in

Correct AnswerverifiedShow Answer

Which of the following is true?

Correct AnswerverifiedShow Answer

Between 1850 and 1950 the productivity of the average American farm worker

Correct AnswerverifiedShow Answer

At the time of the Civil War the most important crop in the South was ________.

Correct AnswerverifiedShow Answer

When General Dwight D.Eisenhower ran for the presidency for the first time,he said he would

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

Since the government has been paying out farm subsidies

Correct AnswerverifiedShow Answer

Which statement is true?

Correct AnswerverifiedShow Answer

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