
Understanding Manufacturing and Consumerism
Interactive Video
•
Business, Social Studies, History
•
9th - 12th Grade
•
Hard

Aiden Montgomery
FREE Resource
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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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