Question 1
The term __________ refers to a situation in which a few large corporations control an industry.
A) monopoly
B) free market
C) monopsony
D) oligopoly
Question 2
Which of the following was a secondary effect of the automobile industry's growth?
A) boosting the chemical industry
B) boosting the agricultural industry
C) boosting the residential construction industry
D) boosting the entertainment industry
Question 3
What was the purpose of the Federal Radio Commission?
A) to ensure public ownership of the radio airwaves
B) to regulate obscenity on the radio
C) to purchase and manage government-run radio stations
D) to monitor the production and sale of phonograph and home radios
Question 4
DuPont emerged as a powerful corporation in the __________.
A) steel industry
B) chemical industry
C) movie industry
D) housing construction industry
Question 5
Subsidies from the __________ helped the aviation industry to thrive.
A) U.S. Post Office
B) Federal Aviation Administration
C) Army
D) Treasury Department