Roaring 20s - Assembly Line

Roaring 20s - Assembly Line

Fill in the Blank

Laissez-Faire economics is an economic system where the government takes a _?_ approach.

Multiple Choice

Because of the automobile, we saw an increase in?

• Rubber for tires.

• Gas and service stations.

• Glass businesses.

• All of the above.

Open Ended

Describe the effects of the assembly line. What good things did the automobile industry bring to the people?

Poll

Was the assembly line a good system?

• Yes

• No

Fill in the Blank

Speculation is the purchase of a product in the hope of selling it later at a _?_ price.

Multiple Choice

What was one immediate result of Henry Ford's manufacturing methods?

• Cars became affordable for more people.

• Cars required little fuel to operate efficiently.

• Cars replaced railroads as the fastest way to ship goods.

• Cars could be customized.

Multiple Choice

How did the events on this timeline affect U.S. businesses?

• Profit sharing became a standard practice for industrial corporations.

• Monopolistic practices were abolished by federal legislation.

• Mass-manufacturing techniques were adopted to maximize production.

• Retirement plans were guaranteed to factory workers.