Question 1
Which of the following industries never recovered from the 1921 depression?
A) steel
B) agriculture
C) textile
D) meatpacking
Question 2
The textile industry coped with a drop in economic prosperity by __________.
A) encouraging collective bargaining
B) lobbying Congress for heavy federal subsidies
C) cutting back work hours
D) shifting operations to the cheap-labor South
Question 3
What happened when real wages failed to keep pace in the period from 19231927?
A) corporations decided to raise wages for all workers
B) labor unions were guaranteed the right to collective bargaining
C) the government passed social welfare legislation
D) consumers began to rely more heavily on installment plans
Question 4
What is a yellow dog contract?
A) a collective bargaining agreement between workers and management
B) a signed promise by the owners to recognize a union
C) a signed promise by the workers not to unionize
D) a contract between industry and the government to outlining fair labor practices
Question 5
As the nation's productivity increased __________.
A) wages were not proportionately raised
B) a high percentage of workers experienced a decent standard of living
C) corporate taxes were raised by Republican administrations
D) unemployment dropped significantly
Question 6
A major industrial trend of the 1920s was the __________.
A) emergence of more competition within major industries
B) decline of open shops
C) strengthening of local retailers
D) concentration of wealth in the largest firms of an industry
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