Postwar Economy

Postwar Economy

10th Grade

100 Qs

quiz-placeholder

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Postwar Economy

Postwar Economy

Assessment

Quiz

Social Studies

10th Grade

Practice Problem

Easy

Created by

Scott Smith

Used 1+ times

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100 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was one result of the rush to buy consumer goods after the war?

Prices fell dramatically

Inflation resulted

There was a surplus of goods

Farmers became wealthy

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why did farmers struggle after the war?

There was a need for more wartime production

Prices for their goods increased

There was no longer a need for wartime production

They received government subsidies

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

After the war, the US had become the ________, most industrialized nation.

richest

poorest

smallest

oldest

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Europe borrowed more money from the US to pay for American products.

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does it mean that the US became a 'creditor nation' after the war?

The US owed more money to other countries

Other countries owed the US more than the US owed them

The US had no international debts

The US stopped trading with Europe

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Economic Growth: New, affordable goods became available because ______ increased, creating new consumers.

wages

taxes

tariffs

imports

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Economic Growth: Advertisements sold the idea that one became 'the person they wanted to be' after ______.

buying the right products

watching television commercials

reading newspapers

listening to the radio

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