Question

Why did auto manufacturers and oil companies vault to the top ranks of corporate America in 1950s?

a. Profits in both industries rose steeply, due to the vast majority of auto manufacturing and oil Refinery jobs being shipped overseas.

b. Lucrative government defense contracts continued, due to a need for military vehicles.

c. The consumer demand for the automobile boomed in this decade.

d. Most members of Congress had business backgrounds.

e. More Americans lived in the suburbs and used public transportation to commute to work.

ANS: C TOP: The Golden Age DIF: Moderate

REF: Full p. 935 | Seagull p. 947 MSC: Understanding OBJ: 1. Identify the main characteristics of the affluent society of the 1950s.

Answer

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