History 1302 Test Questions – Flashcards

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question
Which of the following best describes a reason that it was so difficult for sharecroppers to move up the "agricultural ladder"?
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the system created economic dependence
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The lumber industry actually left the South poorer because
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All of these answers are correct.
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Which of the following best describes why Southern poverty persisted?
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the South's late start in industrializing its economy
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What did George Washington Carver of Alabama's Tuskegee Institute persuade poor black farmers to plant?
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peanuts
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Between 1860 and 1900, the annual consumption rate of which product nearly quadrupled?
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Tobacco
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Which industries became the South's chief employer, providing young African American men with their greatest source of employment?
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lumber and turpentine
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Why did people like Henry Grady promote the idea of the "New South"?
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They believed that industrialization would lift the region out of poverty.
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What was the most important factor in preventing the "agricultural ladder" from becoming a reality?
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the extension of credit at high interest rates to farmers
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Why do you think the New South failed to materialize?
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The North already had a lock on the industrial market and investment.
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What stood at the center of southern life as a stabilizer of social order?
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church
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To what does the term "Jim Crow" refer?
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a system of legalized separation of blacks as socially inferior
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Plessy v. Ferguson (1896)
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established the concept of "separate but equal."
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What was the name given to a series of statutes that separated the South according to race?
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Jim Crow laws
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What increased the pressure to reach a new racial accommodation in the South?
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African Americans moving into urban areas
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Which of the following statements about cowboys during this period is true?
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Many of them were Mexicans and black freedmen.
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Before the Civil War, white "overlanders" set their sights on what region of North America?
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Oregon and California
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What did John Wesley Powell, who became the head of the U.S. Geological Survey in 1880, decide was the West's key resource for successful development?
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water
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The designs of Navajo blankets intended for tourist consumption were ultimately derived from
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Mexican serapes.
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The Dawes Severalty Act of 1887 proved destructive because it
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attacked the communal structure of tribal life.
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When Anglo cattle ranchers forced Hispanos off lands near Las Vegas, Las Gorras Blancas (The White Caps)
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burned Anglo fences, haystacks, barns, and houses.
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General Custer's expedition into the Black Hills of South Dakota
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spread rumors of gold to encourage whites to migrate to the region.
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Who did the Native Americans call the "Buffalo Soldiers"?
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African Americans
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On the Great Plains, what disrupted the migratory patterns of the buffalo and thus the patterns of the hunt?
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railroads
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In which 1876 battle did Crazy Horse fight against Civil War veteran Colonel George Armstrong Custer, killing him and some 250 soldiers?
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Battle of Little Big Horn
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In 1890 what became the final act of violence against an independent Indian way of life when the cavalry killed some 300 men, women, and children during a Native American ceremony?
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Wounded Knee
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Why was the Dawes Act of 1887 so consequential?
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It undermined Indian tribal structures by granting land to individuals.
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Which group had the greatest effect in reducing the land holdings of Hispanos in the late nineteenth century?
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lawyers
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What industry, with the assistance of the railroads, had its boom period from 1866 to 1885, with participants earning a 25 to 40 percent profit per year?
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cattle
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The cattle boom on the Great Plains ended in part because
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severe weather conditions and overgrazing wiped out many ranchers.
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Why was the construction of the transcontinental railroad so wildly profitable?
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All of these answers are correct.
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Which description best characterizes the change that mining towns underwent over time?
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They became more stable, and established local government.
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Why were railroads so important to the West?
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They allowed the easy transport of raw materials from the West to external markets.
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What happened to mining and ranching interests in the West over time?
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They became the pursuit of large corporations.
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Thomas Edison
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developed an "invention factory" in Menlo Park, New Jersey in order to guarantee a steady and profitable stream of new inventions.
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Changes in each of the following fields played a significant role in the development of a national industrial network EXCEPT
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medicine.
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What natural resource was distilled and made into kerosene that was then used for lighting lamps?
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petroleum
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Which inventor democratized picture taking by inventing a camera that anyone could use and offering it at an affordable price?
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George Eastman
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Which of the following statements about the telephone is accurate?
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acted as a great social leveler.
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Industries relied on each of the following as primary sources of labor EXCEPT
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Indians
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Which form of business ownership has the advantages of limited liability, large revenue base, and has existed since Colonial times?
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corporation
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The first intercity hookup of the "speaking telegraph" was between
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Boston and New York
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Which factor was most important in enabling natural resource extraction and conversion to take off in the nineteenth century?
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New technologies made mass production possible.
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What was the most important result of the development of railroads, the telegraph and telephone, and other transportation and communications advances?
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the establishment of integrated national market
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What impact do you think that the development of the large, modern industrial corporation had on class segmentation?
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It allowed for the concentration of capital in the hands of an elite class.
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It was an essential system undergirding the rise of big business; it was itself big business; it was a stimulus to other enterprises because it consumed so many natural resources. It was:
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the railroad system.
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The railroad companies
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got into "wars" over the rates charged for shipping goods.
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What term was given to the act of railroad companies making informal agreements among one another to set prices and to share profits?
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Pooling
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Why might asking a railroad conductor for the time be a necessity for the train traveler before 1918?
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each municipality and region had its own local time
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The attorneys for Standard Oil created a new business structure called the
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trust
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What economic term is used to describe when one company gains control of two or more stages of a business operation?
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vertical integration
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What was a key factor in Andrew Carnegie's success?
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All of these answers are correct.
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What economic method, first employed by Rockefeller and his Standard Oil Company, pays stockholders dividends for surrendering their shares to a central board of directors?
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the trust
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Which act gave the government the power to break up trusts and other big businesses?
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Sherman Antitrust Act
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Which of the following men promoted what was called "Social Darwinism"?
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Herbert Spencer
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Which political party, formed in 1877, became a hostile critic of capitalism, calling for a revolution to give workers control over production?
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Socialist Labor Party
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What was the most important downside of big business, according to critics?
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It created an enormous and unfair divide between rich and poor.
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What does the text mean by asserting that certain jobs were "feminized"?
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Males tended to no longer pursue certain professional occupations once women entered them in significant numbers.
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What positions opened up for white-collar women as a result of new methods of management and marketing?
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All of these answers are correct.
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Which of the following was the result of industrialization?
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loss of free time, job satisfaction, and power for the workers
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Of the following, which does NOT reflect the common characteristics of industrial work in the 19th century?
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complex tasks
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The Molly McGuires were
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Irish miners who retaliated against the horrid working conditions in the mines.
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After the Civil War, a group of craft unions, brotherhoods, and reformers united skilled and unskilled workers in a nationwide organization called
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National Labor Union.
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What was the central difference between the Knights of Labor and the American Federation of Labor (AFL)?
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The Knights wanted "one big union," while the AFL organized skilled craftsmen only.
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Which statement about the American Federation of Labor is true?
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The AFL had little inclination to include women or African Americans in its ranks.
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Why did many citizens begin to turn away from unions as a force for social good by the 1890s?
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Unions had a reputation for radicalism and violence.
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How would you characterize the role of government in labor disputes like the Great Railroad Strike and the Pullman strike?
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actively sympathetic to the concerns of management
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Which one of the following statements about late nineteenth and early twentieth century immigrants is NOT true?
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Most were Protestants.
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What was the primary solution to the problem that cities could hardly survive, let alone grow, without improved transportation?
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electric streetcars
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A new innovation in housing that ended up making slum conditions worse was the
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dumbbell tenement.
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In which city were the first electric trolley lines run?
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Richmond, Virginia
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New systems of mass transit gave the middle class and poor
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the opportunity to live miles from their work.
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Which of the following was the first great symbol of urban growth in America?
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Brooklyn Bridge
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What was the most important difference between the immigrants who arrived in the United States before the 1880s and those who arrived after?
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Later immigrants were more likely to hail from southern and eastern Europe.
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How did industrialization change settlement patterns in American cities?
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It reversed the order of settlement, as the wealthy moved to the outskirts.
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Which is NOT true of political machines?
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They convinced city-dwellers that government should not be trusted to help the needy.
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A new experiment in providing social services to slum-dwellers featured centers where middle-class women lived among the poor, providing amenities, and teaching American ways to immigrants. This experiment was called the
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settlement house.
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One of the most important political bosses in New York in the late 19th century was
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Plunkitt.
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Which of the following furnished industrial cities with the centralization authority and services they needed?
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political machine
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Probably the most famous of all political bosses who ruled New York City in the 1860s and 1870s was
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Boss Tweed.
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Ministers who attempted to improve the lives of the poor preached
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the Social Gospel.
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Chinese immigrants
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created "paper sons" and "paper daughters" after the San Francisco earthquake.
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What trend characterized cities of the late nineteenth century and early twentieth century?
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increasing stratification by class
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Which of the following was NOT an effective method for distinguishing social class in the late nineteenth century?
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dress and manners
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How did the urban middle class distinguish itself from the lower classes?
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a belief in disciplined moralism
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What might have been behind the new emphasis on manliness and fitness present among the middle class?
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class and race anxiety
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Victorianism emerged
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as part of an effort to tame a turbulent society.
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Which of the following did Victorianism NOT stress?
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sexual openness
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Temperance is related to which of the Victorian personal conduct values?
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sobriety
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The Comstock Law was designed to do what?
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ban certain items from the mail
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Trends in education in the late nineteenth century included all EXCEPT
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city girls and boys attended school together for most of the workday.
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The "new women"
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participated in sports such as tennis, golf, cycling, and skating.
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What was one of the primary drivers behind the educational awakening between 1870 and 1900?
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business needs
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Why did only a third of southern black children attend school?
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economic necessity of the black family
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New outlets for selling consumer goods included all EXCEPT the
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outlying shopping center at the end of the streetcar lines.
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The traveling circus
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simultaneously reinforced and subverted social conventions.
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Why did the public education system explode in the late nineteenth century?
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the need for individuals with technical and managerial know-how
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What effect did new patterns of consumption have in the late nineteenth century?
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It produced a new mass culture.
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What would you expect the long-term effect of the growth of professional schools to be?
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an expanding middle class
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All of the following are terms that describe the political climate of the quarter-century after the Civil War EXCEPT
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the politics of efficiency.
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Party loyalty was inspired by each of the following EXCEPT
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gender.
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Civil service reform was finally enacted because of the
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assassination of President Garfield.
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Most of the effective new programs in the country during this period originated in
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state government.
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Between 1877 and 1897 American politics was dominated by
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neither Republicans or Democrats.
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In July 1881, which president was assassinated?
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Garfield
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Which of the following were important political issues during this time period?
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All of these answers are correct.
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Currency debates centered on
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All of these answers are correct.
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Presidents during this period of time were mostly
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weak and ineffective.
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Which of the following best describes the national political climate during this period?
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stalemate, with mixed party control throughout
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In regards to the tariff, which of the following statements is most accurate?
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Republican businessmen in the North supported the tariff.
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The Alliance movement expressed farmers' concerns in the Ocala Demands, which included all of the following EXCEPT
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repeal and abolition of the despised subtreasury system.
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Which of the following statements is true about the farmers' revolt?
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It considered adding a women's suffrage plank to its 1892 Populist Party platform.
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In the South, which of the following most lay at the root of farmers' problems?
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debt
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Which of the following was the earliest of the farm protest organizations?
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Patrons of Husbandry
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The National Farmers' Alliance depended upon which of the following to improve farmers' lives?
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cooperatively owned enterprises
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The Ocala Demands called for which of the following?
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All of these answers are correct.
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Which of the following political parties was made up primarily of farmers and other workers?
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the Populist Party
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All of the following statements about the Election of 1896 are true EXCEPT
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Progressives used the free silver issue to achieve their first success in national politics.
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What is the best explanation of "free silver"?
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To promote prosperity, the U.S. government would inflate the money supply through the minting of all of the silver offered to it.
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Which of the following is NOT true about the disfranchisement movement of the 1890s in the South?
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It was utilized to prevent immigrants from settling in the South.
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Booker T. Washington
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counseled patience, hard work, and practical education.
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In 1890 Mississippi took the lead in
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disfranchising African Americans.
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Ida B. Wells led a nationwide campaign against
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lynching.
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Which African American leader emphasized education and manual training as a means of black advancement?
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Booker T. Washington
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Why was the election of 1896 a watershed election?
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It signaled the end of party loyalties and the beginning of a period of Republican rule.
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Why did state legislatures in the South disenfranchise African Americans in the last decades of the nineteenth century?
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because they hoped to prevent a poor white/black alliance against Democratic control
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Given the unpopularity of President Cleveland's response to the 1893 depression, what policy would you expect later presidents to pursue?
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relief programs
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Many Americans, despite their anti-European, anti-imperialist heritage, were able to justify joining the race for empire. Their rationale included all of the following assumptions EXCEPT
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they believed themselves responsible to defend other peoples against European imperialists.
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Assess the significance of William Henry Seward to America's "new empire."
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Though his major accomplishment was the purchase of Alaska, he envisioned U.S. commercial dominance of the Pacific.
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By the turn of the 20th century nearly what percentage of the African continent was colonized by the European powers?
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100%
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All of the following groups were concerned with American imperialism EXCEPT
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steelworkers.
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Which American statesman advocated expansion of American trade and influence southward into Central and South America?
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James Blaine
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Under the provision of what treaty did Great Britain cede its interest in building a canal across Central America?
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the Hay-Paunceforte Treaty
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Which was NOT an influence in leading the U.S. to declare war on Spain in 1898?
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American enthusiasm for intervening in support of popular independence movements
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John Hay issued the "open door" notes to
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keep Europeans from establishing exclusive closed Chinese markets
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When José Martí said "I have lived in the bowels of the monster" he was referring to
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the United States.
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Why did William McKinley hesitate to go to war with Spain?
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the probability of large losses for American businesses
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Which of the following was a central anti-imperialist argument against annexing the Philippines?
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Annexing the Philippines would put whites into unhealthy contact with Asians.
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Why did the United States go to war against Spain?
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to protect American business interests in Cuba
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Which one of the following ideas should NOT be associated with progressivism?
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a skeptical view of human nature and American potential
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The ideology of progressivism, insofar as it had one, generally
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mixed a liberal concern for the poor with a conservative wish to control social disorder.
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McClure's magazine pioneered a new style of journalism featuring writers like Ida Tarbell and Lincoln Steffens who
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presented carefully researched exposés of corporate and government abuses.
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Journalists who exposed corruption in government and industry were called
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muckrakers.
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A popular new way of thinking called pragmatism asked the question,
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"Does it work?"
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The belief that laws are to be interpreted according to experience and the needs of a changing society is best described as
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sociological jurisprudence.
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Women's suffrage was embraced by many progressives because
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the higher moral character of women would help clean up politics.
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What was the subject of the Keating-Owen Act?
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child labor
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Who launched a campaign to introduce middle class people to urban poverty through reporting and photography?
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Jacob Riis
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Margaret Sanger worked to provide women with information about
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birth control.
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Suffragettes advocated
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voting rights for women.
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Which states were the first to grant women the right to vote?
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western
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What was the key difference between Alice Paul's Congressional Union and the activities of the National American Woman Suffrage Association?
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The Congressional Union was more militant in its tactics.
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The Anti-Saloon League
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considered the saloon the center of such problems as gambling, prostitution, political corruption, and unemployment.
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On the issue of racial discrimination, progressives generally
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ignored the question altogether.
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W.E.B. Du Bois
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called on the "talented tenth" to publicly oppose segregation, disenfranchisement, and discrimination.
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The new science called ________ gave respectability to the idea that new immigrants to the US were biologically inferior.
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eugenics
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Nativists were people who sought to
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restrict immigration.
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The most prominent organization in favor of prohibition was the
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Anti-Saloon League.
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In 1910 Congress passed the Mann Act which attempted to curb what?
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prostitution
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For the most part, how did progressives respond to an increase in the number of immigrants?
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They stressed Americanization programs.
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In general, how did progressives respond to racial discrimination?
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They ignored it.
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Based on the attitudes that progressives had toward immigration, alcohol consumption, prostitution, and racial discrimination, what can you can conclude about who constituted the progressives?
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The progressives were a diverse group with sometimes conflicting positions.
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Progressive reformers did which of the following?
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weakened the power of the political machines through the direct primary
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The nonpartisan commission style government established in the city of Galveston, Texas was a direct byproduct of what event?
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a hurricane
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Theodore Roosevelt referred to what state as "the laboratory of democracy"?
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Wisconsin
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In 1902 ________ adopted the first workers' compensation act in the nation.
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Maryland
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Why was Theodore Roosevelt's intervention in the 1902 anthracite coal strike important?
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It showed that he would intervene on behalf of labor, as well as management.
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What was the primary difference between Roosevelt's New Nationalism and Wilson's New Freedom?
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Roosevelt did not see bigness as problematic in itself.
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Theodore Roosevelt saw government's role in implementing the "Square Deal" as
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mediation.
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What is an accurate comparison of the two competing brands of political progressivism in the 1912 presidential campaign (Theodore Roosevelt's "New Nationalism" and Woodrow Wilson's "New Freedom")?
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The New Nationalism accepted concentrations of capital, labor, and government; the New Freedom stressed competitiveness among small business and reduced government power.
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What larger trend do you think the showing of Eugene Debs and Theodore Roosevelt in the 1912 election anticipated?
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the potential of third-party candidates to play critical roles in national elections
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Of the "progressive amendments" to the U.S. Constitution, which addressed tax inequities?
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Sixteenth
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Many historians consider it the most important reform of the early twentieth century because it established the means for expanded federal action. It was
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the Sixteenth Amendment permitting graduated income taxes.
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In 1913 a compromise was reached regarding the regulation of banking and this compromise was codified in the
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Federal Reserve Act.
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In the nineteenth century, the primary revenue source for the federal government was
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alcohol taxes and customs duties.
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Woodrow Wilson's executive style was different than Theodore Roosevelt's in that Wilson
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shaped policy and legislation to a greater degree.
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Which statement does NOT accurately compare Theodore Roosevelt and Woodrow Wilson?
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Both took significant symbolic steps to break down barriers of racial segregation.
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Progressive diplomacy did NOT stress which of the following?
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a pursuit of colonial holdings
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Under the Roosevelt Corollary, the U.S.
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justified intervention in the internal affairs of Caribbean countries.
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Roosevelt's objectives in Asian policy--which explain his actions in response to the Russo-Japanese War--included all the following EXCEPT
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holding the U.S. Navy in waters close to the U.S. for coastal defense.
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Taft's dollar diplomacy was intended to accomplish all of the following EXCEPT
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promote American corporate interests overseas through the use of armed force.
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Dollar diplomacy failed in the Caribbean because
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it was linked closely with unpopular regimes, banks, and corporations.
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Taft's efforts in dollar diplomacy in Asia resulted in which of the following?
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Southern Chinese provinces rebelling against foreign intrusion and overthrowing the monarchy.
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Wilson added which of the following to the principles of American diplomacy?
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A missionary commitment to spreading his system of beliefs across the world.
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Why was Wilson so quick to recognize the new Republic of China in 1911?
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He felt this new republic was more in line with his beliefs and ideals.
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How did Wilson use missionary diplomacy to gain headway in Nicaragua, Haiti, and the Dominican Republic?
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He sent troops to protect U.S. interests.
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Wilson's policy toward Mexico
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included two separate invasions of the country and a near-war, averted only by the diplomatic efforts of the ABC powers.
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How did Wilson try to force Mexico's hand when Huerta emerged as the head of the government?
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He banned arms shipments to Mexico.
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Why did Wilson turn to Villa for help when Carranza formed a new government in Mexico?
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Carranza would not follow Wilson's guidelines, so Wilson hoped that Villa would exert pressure.
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All of the following signaled the onset of WWI EXCEPT
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dislike of the United States.
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Why was there so much competition between the European nations?
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It was a race to see which nation would have the largest worldwide empire.
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Which countries formed alliances based on military might and long-held beliefs?
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Britain aligned with Japan and France.
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Wilson's commitment to neutrality in the World War stemmed from his profound conviction that
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a neutral United States could lead the warring nations to a "peace without victory."
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What circumstance led to an American posture in which true neutrality was dead?
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the British blockade, which cut off U.S. trade with Germany while supplies still flowed to the Allies
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Why was the sinking of the Lusitania a turning point in America entering the war?
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Wilson issued an order to the attacker, Germany, which, if not followed, would lead the U.S. into entering the war.
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The inflammatory Zimmerman Telegram proposed that in the event of war between the U.S. and Germany
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Mexico would attack the U.S.
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What did Wilson do after he read the Zimmerman telegram?
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He released the telegram to the press.
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Why was the Zimmerman telegram a turning point in America's decision to enter the war?
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All of these answers are correct.
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How would you describe the attitude of most Americans to the war in Europe prior to American entry?
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interested in preparedness for peace
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Which event was most important in causing Woodrow Wilson to ask Congress for a declaration of war?
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the resumption of unrestricted submarine warfare by Germany
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What goals do you think Woodrow Wilson had for the United States in World War I?
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enforce a new order of world peace
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During World War I, agencies such as the War Industries Board, the Food Administration, and the Fuel Administration were
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part of a massive bureaucracy organized by the government to manage the war effort.
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The bureaucratic state constructed during World War I
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created a partnership between big business and government.
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During the war, the promises of American industries to provide employees with profit sharing, company unions, and personnel departments, began to resemble 1920s style
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welfare capitalism.
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Each of the following was the result of the "100 percent Americanism" movement EXCEPT
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the internment of German-speaking immigrants.
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What was the purpose of the Committee on Public Information?
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to keep patriotism high
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What did the Espionage and Sedition Acts guard against?
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actions considered unpatriotic or against the war effort
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Characterize the Fourteen Points.
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an idealistic vision for a postwar world order free of militarism and selfish nationalism
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The Fourteen Points included all of the following EXCEPT
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the right to colonize.
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Which nation was engaged by the Fourteen Points and offered a truce based on them?
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Germany
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How did progressive values exhibit themselves on the homefront during World War I?
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The government created a managed economy, a draft, and other programs to establish order.
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Why did union membership grow during World War I?
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The National War Labor Board was established and was successful in arbitrating labor disputes.
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Why was Germany so maligned during discussions at Versailles?
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People felt Germany was to blame for everything.
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What did Wilson hope to achieve with the League of Nations?
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Countries bound to respect and protect each other and isolate aggressors.
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The Treaty of Versailles never received Senate ratification because
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Wilson could not compromise and appeal to the "mild reservationist" Republicans.
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Why was there so much unrest in the U.S. after the war?
answer
All of these answers are correct.
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What made people believe that there was a conspiracy to overthrow the government?
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People were sending bombs to politicians.
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Why did Palmer launch raids in 1919 and 1920?
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He wanted to arrest (and ultimately deport) those who were suspicious of having ties to communism or radical socialism.
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Why were legislators like Henry Cabot Lodge opposed to Wilson's proposal for a League of Nations?
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They wanted to preserve American sovereignty in foreign affairs.
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Why were Americans so concerned about radicalism following World War I?
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Terrorist activity and postwar strikes created chaos.
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The roaring economy of the 1920s, also known as the Second Industrial Revolution, involved all of the following EXCEPT
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a revolution in labor relations, marked by new growth in the size and influence of labor unions.
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Henry Ford's great contribution to modern industrial culture was
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his commitment to standardization and assembly-line mass production.
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Which of the following statements about business in America in the 1920s is the most accurate?
answer
It became increasingly consolidated.
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The advertising industry
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shifted during the 1920s from emphasizing products to stressing a consumer's desires.
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Which of the following methods of payment became much more common during the 1920s?
answer
buying on credit through installment plans
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Why was Henry Ford so successful in selling automobiles?
answer
He kept prices low by mass-producing a standardized product.
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Why did employers' groups implement welfare capitalism as part of their American Plan (1921)?
answer
They sought to increase production.
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What effect might the trend of using credit rather than saving have had on the American economy in the long-term?
answer
economic collapse when people default on loans
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Changes in attitudes toward women in the 1920s
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resulted primarily from changes caused by World War I.
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As more and more middle-class women obtained birth control, they
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felt less guilt about enjoying sex and less fear over the consequences.
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Women's rights reached a standstill in the 1920s because
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militant leaders such as Alice Paul pushed for an Equal Rights Amendment, which others did not agree with.
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Movies became such a widespread and powerful medium because
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productions were rich in spectacle and had a universal appeal.
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Ticket sales at live music events suffered because
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people could listen to different musical events on the radio at home.
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Which of these media industries did NOT transform American culture during the 1920s?
answer
television
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Marcus Garvey called for African Americans to do all of the following EXCEPT
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pursue racial integration.
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The renaissance in African American culture in Harlem resulted in
answer
All of these answers are correct.
question
What is one characteristic of the "New Negro" as witnessed by professor Alain Locke?
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proud
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A good example of the new cult of celebrity of the time was the "Lone Eagle,"
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Charles Lindbergh.
question
What legacy might Marcus Garvey's Universal Negro Improvement Association have had?
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It caused many African Americans to embrace black nationalism.
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What propelled the "culture wars" between traditionalists and proponents of modern city life?
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All of these answers are correct.
question
The National Origins Acts of 1921 and 1924 cut down the number of immigrants by
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capping the total number and limiting the entry of immigrants.
question
Which of the following groups generally supported the Prohibition movement?
answer
All of these answers are correct.
question
Conservative Protestants
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believed in a literal reading of the Creation account in Genesis.
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One of the outcomes of the Scopes trial was that
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public schools focused on secular instead of religious education.
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There was renewed interest in the KKK because
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the Klan reflected the insecurities of the New Era.
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Andrew Mellon's philosophy was that
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prosperity trickled down from the rich to the poor.
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As Secretary of Commerce, Herbert Hoover practiced "associationalism." That is, he provided government encouragement and assistance to private business in all of the following ways EXCEPT
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by advocating laissez-faire policies to avoid government control.
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Both Mellon's and Hoover's policies went against the White House's pledge to
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keep government small and limited, especially with regards to the economy.
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Farmers entered hard times during the 1920s because
answer
All of these answers are correct.
question
Which of the following contributed to the economic imbalances that developed in the United States in the midst of the seemingly robust economy of the 1920s?
answer
few gains for workers in terms of wages, purchasing power, and bargaining rights
question
Which of the following was an element of U.S. economic diplomacy in the 1920s?
answer
The United States promised to stabilize the German economy if the Allies reduced Germany's reparation payments to them.
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How would you describe the policies pursued by Harding and Coolidge?
answer
beholden to business
question
Which groups were left out of the prosperity of the 1920s?
answer
farmers and wage earners
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Speculation, which had taken over the stock market, was troubling to financial analysts because it
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was based on expectations that weren't always realistic.
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The prosperity of the 1920s fueled the market by
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increasing the greed of its users.
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The Great Crash
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damaged the economy and broke the unbounded optimism of the New Era.
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Overexpansion negatively affected business by the end of the 1920s because
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the demand for goods decreased, which meant that inventories climbed and companies lost money.
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Coolidge's administration contributed to the economic problems by
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allowing big business to operate unchecked.
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Unemployment was a sign of a troubled economy because it showed that
answer
companies suffered from overexpansion, reduced demand, and weak management.
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