Economic Trends in 1920s America Quiz

Test your knowledge of economic indicators, policies, and events from the 1920s in America. Learn about the Great Depression, consumerism, and more.

#1

Which economic indicator measures the overall health of the stock market?

Gross Domestic Product (GDP)
Consumer Price Index (CPI)
Dow Jones Industrial Average (DJIA)
Unemployment Rate
#2

What term is used to describe the widespread fear of communism and radical ideologies in the 1920s United States?

Red Scare
Yellow Peril
Blacklist
McCarthyism
#3

Which economic policy, focused on reducing government spending and promoting free-market principles, gained prominence in the 1920s?

New Deal
Keynesian Economics
Laissez-faire
Progressivism
#4

During the 1920s, what major event led to the increased participation of women in the workforce and the adoption of new social norms?

The Scopes Trial
The Harlem Renaissance
The Nineteenth Amendment
The Wall Street Crash
#5

Which economic phenomenon, characterized by a rapid increase in prices, was prevalent in the United States during the 1920s?

Deflation
Hyperinflation
Stagflation
Inflation
#6

During the 1920s, what contributed significantly to the economic prosperity in the United States?

Prohibition
The Great Depression
Social Security Act
The Roaring Twenties
#7

Which industry faced a decline in the 1920s, leading to economic challenges?

Automobile
Textile
Steel
Agriculture
#8

Which famous consumer product became widely available and popularized installment buying during the 1920s?

Refrigerator
Automobile
Television
Radio
#9

Who was the President of the United States during most of the 1920s?

Woodrow Wilson
Herbert Hoover
Franklin D. Roosevelt
Calvin Coolidge
#10

What was the impact of the Smoot-Hawley Tariff Act of 1930 on international trade during the Great Depression?

It stimulated global trade
It had no effect on international trade
It led to a decrease in international trade
It created economic stability
#11

Which iconic cultural and economic phenomenon of the 1920s is often associated with a shift towards a more modern and consumer-driven society?

Flapper movement
Harlem Renaissance
Lost Generation
Dust Bowl
#12

What economic policy, advocating limited government intervention, was prevalent in the 1920s?

Keynesian Economics
Monetarism
Supply-Side Economics
New Deal
#13

Which event in 1929 marked the beginning of the Great Depression in the United States?

Stock Market Crash
Prohibition
Signing of the Treaty of Versailles
Moon Landing
#14

What economic theory emphasizes the role of consumer spending in driving economic growth?

Classical Economics
Keynesian Economics
Austrian Economics
Monetarism
#15

Which organization was established in 1929 to regulate the stock market and protect investors?

Federal Reserve System
Securities and Exchange Commission (SEC)
National Recovery Administration (NRA)
Commodity Futures Trading Commission (CFTC)
#16

What role did speculation play in contributing to the stock market crash of 1929?

It stabilized the market
It had no impact on the crash
It inflated stock prices, contributing to the crash
It reduced market volatility
#17

Which economic term refers to a period of declining economic activity, widespread unemployment, and falling industrial production?

Boom
Recession
Depression
Expansion

Sign In to view more questions.

Sign InSign Up

Quiz Questions with Answers

Forget wasting time on incorrect answers. We deliver the straight-up correct options, along with clear explanations that solidify your understanding.

Test Your Knowledge

Craft your ideal quiz experience by specifying the number of questions and the difficulty level you desire. Dive in and test your knowledge - we have the perfect quiz waiting for you!

Similar Quizzes

Other Quizzes to Explore