Question

Discuss the significance of the presidential election of 1960.

Multiple Choice

What about the golden age of capitalism between 1946 and 1960 was most beneficial for Americans?

a. The American GNP more than doubled.

b. The United States maintained a trade surplus.

c. Prices remained stable.

d. Most monetary gains reached ordinary citizens through rising wages.

e. The economy operated on the gold standard, which made it safe from recessions.

ANS: D TOP: The Golden Age DIF: Moderate

REF: Full p. 930 | Seagull p. 942 MSC: Analyzing

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

Answer

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