Question

As suggested by some commentators, how did big business enable individual freedom in the 1950s?

a. Big business successfully lobbied for higher tariffs on consumer goods, which increased profits and drove American wages up.

b. With large-scale production of goods came the freedom for individuals to choose among many items.

c. Corporations in the 1950s offered a range of benefits to employees that freed them from economic uncertainty.

d. The repeal of New Deal regulatory controls on investment banking allowed individual Americans to put their money into the stock market without restriction.

e. Big business made more luxury items affordable for the average American.

ANS: B TOP: The Golden Age DIF: Moderate

REF: Full p. 942 | Seagull p. 955

MSC: Analyzing OBJ: 1. Identify the main characteristics of the affluent society of the 1950s.

Answer

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