615 - 622

The New Economy of the 1920s 6. During the 1920s, the trend toward industrial consolidation A. was most pronounced in industries dependent on large-scale mass-production. B. slowed considerably throughout the decade. C. encouraged new competition. D. emerged most rapidly in industries that were less dependent on technology. E. bypassed the steel and automobile industries.

A Page: 616

The New Economy of the 1920s 7. During the 1920s, a great worry for industrialists was the fear of A. the overproduction of goods. B. a shortage in the number of skilled workers. C. the rising bargaining power of labor unions. D. a shortage of consumer credit. E. inflation.

A Page: 617

The New Economy of the 1920s 13. In the workplace, the "open shop" meant A. no worker was required to join a union. B. skilled workers were required to join a craft union. C. labor unions had the right to organize that particular industry. D. workers had no right to join a union. E. workers would be allowed to come and go as they pleased.

A Page: 621

The New Economy of the 1920s 5. During the 1920s, Thomas Hunt Morgan was one of the American pioneers in A. analog computers. B. genetic research. C. automation. D. robotics. E. relativistic physics.

B Page: 616

The New Economy of the 1920s 9. In the 1920s, "welfare capitalism" A. encouraged employees to form single-industry labor unions. B. was a paternalistic approach used by corporate leaders on their workers. C. gave workers a measure of control over their industry. D. required corporations to provide some relief for unemployed workers. E. forced workers to donate much of their salaries to the less fortunate.

B Page: 617

The New Economy of the 1920s 14. During the 1920s, the Brotherhood of Sleeping Car Porters A. was formed by the American Federation of Labor. B. was one of the few unions led by an African American. C. organized against sleeping car manufacturer A. Philip Randolph. D. was one of the few unions led by African Americans, and it was formed by the American Federation of Labor. E. None of these answers is correct.

B Page: 620

The New Economy of the 1920s 15. During the 1920s, all of the following immigrant groups were increasing their presence in the labor force in the West and Southwest EXCEPT the A. Filipinos. B. Chinese. C. Japanese. D. Mexicans. E. Issei.

B Page: 620

The New Economy of the 1920s 17. In the 1920s, the idea of agricultural "parity" was A. to match crop production with demand. B. to ensure farmers would at least financially break even. C. strongly opposed by Congress. D. to equalize the average farmer income with the average industrial worker income. E. invalidated by the passage of the McNary-Haugen Bill.

B Page: 622

The New Economy of the 1920s 10. During the 1920s, wages for American workers A. generally enabled a working-class family to thrive on a single income. B. rose most quickly for unskilled workers. C. generally rose at a rate far below increases in production and profits. D. equaled or exceeded the rate of production growth. E. generally decreased as the labor market became tighter.

C Page: 617

The New Economy of the 1920s 11. During the 1920s, when $1,800 was considered the minimum annual income for a decent standard of living, the average annual income of a worker was approximately A. $700. B. $1,100. C. $1,500. D. $1,900. E. $2,400.

C Page: 617

The New Economy of the 1920s 16. During the 1920s, the agricultural economy of the United States saw A. a large decrease in the area of cultivated land. B. demand for farm goods rise faster than production. C. a sharp decline in farmers' incomes. D. farmers oppose using hybrid plants and chemical fertilizers. E. the need for a larger labor supply.

C Page: 622

1. Throughout the 1920s, the performance of the U.S. economy A. saw ten straight years of continuous growth. B. struggled with a persistently high rate of inflation. C. saw per capita income flatten while manufacturing output soared. D. saw nearly uninterrupted prosperity coupled with severe inequalities. E. experienced a severe recession in 1923 that lasted two years.

D Page: 615

The New Economy of the 1920s 8. During the 1920s, most American industrial workers experienced all of the following EXCEPT A. a rise in wages. B. income levels at the "minimum comfort level." C. little control over their economic fate. D. few opportunities to join a company union. E. employers trying to keep their labor costs low.

D Page: 617

The New Economy of the 1920s 2. In the 1920s, the development of practical radio communication was furthered by A. the theory of modulation. B. the use of vacuum tubes. C. its ability to receive more than just simple pulses. D. both the theory of modulation and the use of vacuum tubes. E. All these answers are correct.

E Page: 615-616

The New Economy of the 1920s 3. During the 1920s, airplanes A. experienced a great increase in commercial travel. B. had no practical use. C. were used almost exclusively for military purposes. D. saw the development of the first experimental jet engines. E. were largely a source of entertainment.

E Page: 616

The New Economy of the 1920s 4. During the 1920s, products that grew dramatically in use in the United States included A. synthetic fibers. B. plastics. C. home appliances. D. electronics. E. All these answers are correct.

E Page: 616

The New Economy of the 1920s 12. During the 1920s, the American Federation of Labor (AFL) A. decided to shift away from craft unions. B. created a partner organization, the Congress of Industrial Organizations. C. used strikes in an attempt to organize unskilled workers. D. became more radical after the death of Samuel Gompers. E. believed workers should be organized on the basis of skills.

E Page: 617