Question

Question 22 (1 point) After World War II, the United States became a(n): A) manuf cturing economy B) service economy C) market economy D) indigenous economy E) agricultural economy 18 21 Submit Quiz 9 of 22 questions saved DII PrtScn FS F6 4
0 0
Add a comment Improve this question Transcribed image text
Answer #1

Question 22

Up to the commencement of World War II and during the World War II, the United States became the biggest manufacturing hub.

The manufacturing sector's contribution to GDP was at all time high.

However, after the World War II, share of manufacturing sector in GDP began to fall off while that of the services sector started increasing.

Thus, after World War II, the United States became the service economy.

Hence, the correct answer is the option (B).

Add a comment
Know the answer?
Add Answer to:
Question 22 (1 point) After World War II, the United States became a(n): A) manuf cturing...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Question 6 After the end of World War II, which field of psychology expanded greatly?​ ​Behaviorism...

    Question 6 After the end of World War II, which field of psychology expanded greatly?​ ​Behaviorism ​Comparative psychology ​Clinical psychology ​Positive psychology Question 7 Which of these characterizes a representative sample?​ ​Anyone who volunteers to participate is included in the study. ​The people in the study say they are confident that their opinions are the common ones. ​Everyone in the population has an equal chance of being chosen for the study. ​The percentages of male and female, old and young,...

  • Question 10 5 pts Social Problems, Chapter 2 The distribution of income in the United States...

    Question 10 5 pts Social Problems, Chapter 2 The distribution of income in the United States over the past thirty years has become significantly more unequal. become significantly more equal. stayed about the same. changed to give the middle fifth of the population a significantly larger share. Question 2 5 pts Social Problems, Chapter 2 The authors of this text take the view that the social classes in U.S. society relate to one another in terms of dependence and exploitation....

  • 2. Download the annual real GDP and GDP data of the United States 1950-2018 from FRED....

    2. Download the annual real GDP and GDP data of the United States 1950-2018 from FRED. For the real GDP, the data online is chain-weighted and uses 2012 as the base year. In the lecture hursday, I showed you the detailed method and calculated the new chain-weighted real GDP when 1990 is the base year. You are required to calculate a new sequence of chain- weighted real GDP given a new base-year. The base year you should use in your...

  • following statement is F/F 1. Between 1921 and 1928; the New Economy Policy allowed markets to...

    following statement is F/F 1. Between 1921 and 1928; the New Economy Policy allowed markets to help economic recovery in the USSR. 2. The administrative-command economy was the mechanism for resource allocation in the former USSR between 1992 and WOLRD WAR II, but was abandoned in 1946. 3. Although the Soviet Union was a large country with a large population, it had few natural resources. 4. Although the USSR had an elected government, the decision-making authority in the economy was...

  • Case assignments must be completed with a written 2-page study on the assigned case questions in...

    Case assignments must be completed with a written 2-page study on the assigned case questions in the textbook. The format requested for these assignments is based on elaborating and including two basic parts in the essay: 1) in a bullet presentation style (one phrase each bullet), list a summary of the key issues, situations, problems, opportunities and threats you may identify as relevant; 2) answer all the questions listed in each case in two or three sound paragraphs. Use the...

  • NE EXAM- Sampling and Descriptive Statistics Davon Brunes: Attempt 1 Question 8 (5 points) Match the...

    NE EXAM- Sampling and Descriptive Statistics Davon Brunes: Attempt 1 Question 8 (5 points) Match the following statements that refer to a bell-shaped data set. Within one standard deviation Approximately 68% of the data lie in this interval 1. of the mean Within three standard deviations of the mean Within two standard deviations of the mean Approximately 95% of the data lie in this interval 2. All or almost all of the data lie in this interval 3, Question 9...

  • Case Study II: The Mexican Peso Crisis In a word, the 1994 economic crisis in Mexico...

    Case Study II: The Mexican Peso Crisis In a word, the 1994 economic crisis in Mexico – often referred to as the Mexican peso crisis – can be attributed to overspending. But, as with all crises, there is far more to it than just living beyond one’s means. This story involves rebellion, assassination, fratricide, corruption, money laundering, de-regulation, a lot of investor doubt and a near $50 billion bailout. For the country at least, it has a happy ending. Although...

  • Please help me answer theses practice questions QUESTION 2 Which of the following can a country...

    Please help me answer theses practice questions QUESTION 2 Which of the following can a country implement to protect local industries (e.g. bicycles) according to the video on the deceptive promise of free trade? Border walls local training programs to strengthen local industries protectionist policies such as tarrifs creating a high minimum wage locally governments can't do anything QUESTION 3 Which of the following European countries has a trade surpluse with the US as well as most other European countries...

  • M Search resuts x Deadiine 1: Janu XI Take Test Unit Test 1-201 981 x aa...

    M Search resuts x Deadiine 1: Janu XI Take Test Unit Test 1-201 981 x aa American 1125061 1&co QUESTION 1 What event led the Founders to realize that the Articles of Confederation were inadequate? O a slave revolt in South Carolina O the Boston Massacre O Shays Rebelilion O the Rhode Island Revolution QUESTION 2 According to Madison, what must be made to counteract ambition ? o mitary power O political authority O public opinion O ambition QUESTION 3...

  • ΤΕΧΝΙΤΗΤΗ iple Choice y the choice that best completes the statement or answers the question. The...

    ΤΕΧΝΙΤΗΤΗ iple Choice y the choice that best completes the statement or answers the question. The production possibilities frontier is a graph that shows the various combinations of output that an economy a. should produce. b. wants to produce. c. can produce d. demands 2 The price index was 320 in one year and 360 in the next year. What was the inflation rate? a. 9 percent ((B-A)/A)*100 b. 11.1 percent c. 12.5 percent ((360 - 320)/320)*100 d. 40 percent...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT