The Nature of Capitalism in the USA (Grade 11 NSC Matric History): Quizzes

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The Nature of Capitalism in the USA in the 1920s
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In which year did the USA enter World War I?

1917

What role did the USA play for the Allies during WWI before entering the war?

Main supplier of weapons and food

When was the War Industries Board established?

1917

What slogan did Warren Harding campaign on in 1920?

Return to normalcy

What was Calvin Coolidge's famous quote about American priorities?

The business of America is business

How did Calvin Coolidge become president?

After Harding's death in 1923

How many immigrants per year did the 1924 Immigration Act allow?

165,000

What was a key principle of 1920s American free market capitalism?

Economy would regulate itself naturally

Which international agreement did the USA refuse to ratify after WWI?

Treaty of Versailles

Which new industries grew during the 1920s economic boom?

Automobiles, radio, and appliances

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