While the Roaring Twenties were a period of economic prosperity and cultural dynamism in many Western countries, the period was also marked by significant income inequality. Wealth became concentrated in the hands of a small elite, even as most citizens did not significantly benefit from the economic boom. This suggests that ______2Mark for reviewAbcWhich choice most logically completes the text?Athe Roaring Twenties were a period of economic downturn for most citizens.Bincome inequality was a major social issue during the Roaring Twenties.Cthe economic prosperity of the Roaring Twenties was evenly distributed.Dthe wealth of the elite had no impact on the economic prosperity of the Roaring Twenties.

The most striking feature of American society in the 1950s and early 1960s was the booming economic growth that made even the heady 1920s seem pale by comparison. Identify which of the following statements correctly describe the effects of the postwar economic boom on American society. 1. The suburban population grew almost as fast as the population as a whole. 2. The economic expansion lasted for almost twenty years with only brief interruptions. 3. Economic growth was held back only by the frugality developed by most Americans during the Depression. 4. The gross national product grew by a staggering 250 percent. 5. The prosperity was notable because it had very little influence on the standard of living in the United States. 6. Economic expansion triggered a sharp increase in the birthrate.

During the postwar years, the middle class was:A.growing in numbers.B.decreasing in wealth.C.getting less education.D.all of the above

in a short paragraph What were some of the changes in the society during the 1920's

Hacker and Pierson on Economic InequalityVarious scholarly examinations have attempted to explain the widening of the inequality gap over the last generation, and one such study resulted in the book, Winner-Take-All Politics: How Washington Made the Rich Richer – And Turned its Back on the Middle Class (2010), by political scientists Jacob Hacker and Paul Pierson. Please read this book, consult the resources posted on our course site for context, answer ONE of the questions listed below, and reply to at least one classmate. Together we should be able to get a better handle on the topic of economic inequality. Be sure to completely answer the question you choose and provide citations when you paraphrase or quote Hacker and Pierson. You may also wish to supplement this source with other course materials (optional). Have fun!Questions (choose ONE):What is Hacker and Pierson’s argument, and how does it differ from the dominant explanation for economic inequality trends in the United States?According to Chapter 2, how was the winner-take-all economy made?What is the history of “drift” and “mastery” in democratic capitalism during the first half of the twentieth century?Why do the authors argue that the real shift in recent U.S. political history occurred in 1978, not 1968?How did powerful corporations advance their agenda against workers during the Carter and Reagan years?What happened to the influence of mass membership organizations that once brought ordinary voters into politics?How did the Republican and Democratic parties recast themselves during the 1980s and set the stage for the unleashing of the winner-take-all economy?After 1990, how did Republicans contribute to the new winner-take-all economic and political order, and how did Republican Phil Gramm typify winner-take-all politics?Over the course of the 1990s, why did Democrats first accommodate and eventually embrace the winner-take-all economy, and how does Democrat Charles Schumer typify winner-take-all politics?Hacker and Pierson write that in 2008, President Obama “raised huge amounts from wealthy donors and relied on ‘bundlers’ who could assemble networks of big-money contributors” (304), but in Chapter 10, the authors cast him as a committed reformer stymied by an obstructionist Congress engaged in winner-take-all politics. Are the authors having it both ways or not? In other words, is it possible for a true reformer to make it to the top of either major political party today given the necessity of big-money backing?Do the authors offer viable suggestions for moving from drift to renewal and reversing the winner-take-all economy and politics?

The Great Depression is often blamed on the October 1929 Stock Market Crash, but the economy of the 1920s featured all of the following weaknesses EXCEPTGroup of answer choicesSaturated markets for automobiles and home construction towards the end of the decadeRelatively low “purchasing power” because one-half of American families lived on the edge of subsistenceA decline in the number of movie-goers that led to hard times for the film industryHighly-competitive “sick” sectors such as coal, textiles, and agriculture