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Among the following which sentence makes the least sense on a new consumption culture in the early 20th century? (choose one)

1. Consumption was very essential for the survival of American capitalism so that massive, unchecked consumption was encouraged by capitalists.

2. In order to expand consumers, imperialism was a necessary tool.

3. Frugality was encouraged by American capitalists to save natural resources.

4. Mega shopping centers were built in many larger cities and even mail order/shopping was possible.

2. Among the following, which sentence makes the least sense on the Great Depression?(choose one)

1. The Great Depression was mainly caused by the higher minimum wage that put financial stress on capitalists.

2. The Great Depression was partially caused by the Dust Bowl and the great migration of the farmers who lost their property.

3. Excessive speculation and insufficient savings were some of the many causal factors of the Depression.

4. Less government assistance for the poor contributed to the beginning of the Depression.

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92292270

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