Which of the Following Accurately Describes the Post-War Decade of the 1950s

question 18

Multiple Choice

Which of the following accurately describes the post-war decade of the 1950s in the U.S.?

• A)Factories that had produced wartime necessities shifted to producing novel consumer products and household appliances.
• B)Because so many resources had been directed toward the war, consumers were left having to make do with less for most of the decade.
• C)Habits developed during the war, such as salvaging, recycling, and planting home gardens, persisted throughout this decade.
• D)Both B and C are true.

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Definitions:

Price-Fixing

An illegal agreement among competitors to fix prices, restrict production, or manipulate market conditions.

Prices

The sum of money anticipated, needed, or provided as compensation for something.

Agreements

Mutual understandings or arrangements between two or more parties that create enforceable obligations or contracts.

Clayton Act

A U.S. antitrust law, enacted in 1914, aimed at promoting fair competition by prohibiting certain business practices that could lead to monopoly or restraint of trade.