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In the 1920s America enjoyed what was to become known as "an Age of Excess". From 1921-1929 manufacturing output increased with
In the 1920s America enjoyed what was to become known as "an Age of Excess". From 1921-1929 manufacturing output increased with
admin
2018-05-11
21
问题
In the 1920s America enjoyed what was to become known as "an Age of Excess". From 1921-1929 manufacturing output increased with only a small check—the mild recession of 1924, and real GNP (1929 prices) rose 45.6 percent. In real terms it was a vigorous expansion with the added attractions of stable prices, rising real wages, and mainly "full" employment. So the 1920s’ boom remains a legend in the American economic history.
The boom was created by several factors that worked together. The three presidents of the twenties, Harding, Coolidge and Hoover were all Republicans who supported business and the stock market. The Republicans were against any kind of welfare state or the government regulating business. They introduced lower tax rates and raised tariffs on foreign goods so they could not compete with American business. This was known as "protectionism". America’s economy had not suffered from World War I. In fact it had been strengthened by trading arms to the allies. In the twenties, there was a substantial growth in production, jobs, profits, wages and the standard of living. The growth in production created more jobs, and because more people had more money they could buy the newly produced goods. More goods needed to be produced so more jobs and profits were created. This led to the twenties seeing the start of mass production and consumerism. For the first time items like cars and refrigerators were available and affordable to the middle classes, and secondary industries such as advertising became very profitable. There was an inevitable change in the ideas and actions of society. People could afford to enjoy their leisure time and the leisure industries also boomed.
Much of American Society was changed by the Boom. More people could go out and enjoy themselves because of the increased leisure time and affluence of society.
Writer F. Scott Fitzgerald called it "the Age of Excess". Jazz music had a massive effect on the youth of America, as they became more outgoing. More started smoking and going out, and women started to wear shorter skirts and other more outrageous fashions. Older generations hated the new music and showed apparent disrespect of younger people. A new kind of woman was created, called a "flapper". Hollywood promoted these women and their fashions as the rogue actresses became icons for other young ladies. To most, these women were nothing but a sign of the times, a decline in traditional standards.
The three republican presidents contributed to the boom of U.S. economy in the 1920’s because they advocated______.
选项
A、the idea of welfare state
B、business regulated by the government
C、raising duties on imported goods
D、business competition among countries
答案
C
解析
C中的duties和imported goods分别为第2段第4句中的tariff和foreign goods的近义替换词。C为本题答案。A和B都是三位总统反对的做法;第2段第4句表明美国提高外国货品的关税,使外国货品不能与本国货品竞争,由此可见,三位总统并不支持国家之间的商业竞争,D不正确。
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0
大学英语六级
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