Understanding Manufacturing and Consumerism

Understanding Manufacturing and Consumerism

Assessment

Interactive Video

Business, Social Studies, History

9th - 12th Grade

Hard

Created by

Aiden Montgomery

FREE Resource

The video explores the challenges and importance of American manufacturing, highlighting its decline due to globalization and outsourcing. It discusses the cultural significance of baseball, the Great Compression era, and the impact of consumer behavior on manufacturing. Success stories of entrepreneurs and the resurgence of the Made in America movement are also featured.

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What lesson did the entrepreneur learn about product demand?

If demand is low, consider changing direction.

Always stick to your original product idea.

Customers will eventually come around.

Wholesalers are not important in the supply chain.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was a significant factor in the decline of manufacturing in Detroit?

Lack of skilled workers.

Over-reliance on a single industry.

High local taxes.

Increased competition from foreign manufacturers.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the Great Compression period affect the American middle class?

It created a large and stable middle class.

It resulted in a decline in consumer goods.

It led to a decrease in manufacturing jobs.

It caused a significant rise in unemployment.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key argument of free traders regarding market competition?

It reduces the quality of goods.

It increases competition and lowers prices.

It leads to higher prices for consumers.

It benefits only large corporations.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a consequence of income inequality mentioned in the video?

It leads to increased consumer spending.

It results in a stronger middle class.

It causes economic instability.

It encourages more manufacturing jobs.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main consequences of losing manufacturing jobs in a community?

Higher property values

Increased tourism

A domino effect of economic decline

More job opportunities in technology

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why did Louisville Slugger move its manufacturing back to Kentucky?

To comply with new regulations

To increase export opportunities

To protect the brand's integrity

To reduce production costs

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