As Suggested by Some Commentators, How Did Big Business Enable

question 58

Multiple Choice

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.

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Definitions:

Persons With Disabilities

Individuals facing physical, mental, intellectual, or sensory impairments that may hinder their ability to fully participate in everyday life activities.

Single Parents

Individuals who are raising children without the involvement of the other biological parent.

Minorities

Groups in society distinguished by cultural, ethnic, racial, religious, or social backgrounds that are smaller in number compared to the majority.

Lowest Cost

The most economical price at which a good or service can be purchased or produced, often pursued as a competitive strategy in business.