CADS 2000 EXAM 1 QUESTIONS AND
ANSWERS GRADED A+ 2026
The Industrial Revolution took place from _____ to 1820/1840 - ANS 1760
Which of the following were key inventions that came out of the industrial revolution? -
ANS Power Loom, Water-powered spinning frame, and spinning jeanny
T/F: Frances Lowell was known as the "Father of the American Industrial Revolution" -
ANS False (Samuel Slater)
During the time of the Lowell factory mills, the work force was mostly made up of -
ANS young girls
Which of the following statements about globalization is correct?
A) The world was much more globalized centuries ago than it is now.
B) Nothing about globalization is new - it is the same it has been for centuries.
C) Globalization has been around a long time, but it is faster and more widespread than it was
centuries ago.
@COPYRIGHT 2026/2027 ALL RIGHTS RESERVED
1
, D) Globalization only started int he twentieth century. - ANS C) Globalization has been
around a long time, but it is faster and more widespread than it was centuries ago.
What is the purpose of the World Trade Organization? - ANS To manage international trade
and resolve disputes
T/F: As the industrial revolution continued, retail markets started moving away from centralized
commerce and started developing into decentralized commerce. - ANS False
Who are members of the International Criminal Court? - ANS About half the countries in the
world
What specific side effect of World War II affected consumerism in the US? - ANS Rationing of
goods
Which of the following is NOT a component of socialism:
A) Supply & demand determines market economy
B) Equality of wealth distribution
C) Socio-economic equality
D) State controlled means of production - ANS A) Supply & demand determines market
economy
Which of the following claims in support of globalization is supported by evidence?
A) Americans with manufacturing jobs have not really been affected.
B) American culture is spreading in other countries, but culture in America have not really
changed
C) Consumers generally have more choice and pay lower prices.
@COPYRIGHT 2026/2027 ALL RIGHTS RESERVED
2
ANSWERS GRADED A+ 2026
The Industrial Revolution took place from _____ to 1820/1840 - ANS 1760
Which of the following were key inventions that came out of the industrial revolution? -
ANS Power Loom, Water-powered spinning frame, and spinning jeanny
T/F: Frances Lowell was known as the "Father of the American Industrial Revolution" -
ANS False (Samuel Slater)
During the time of the Lowell factory mills, the work force was mostly made up of -
ANS young girls
Which of the following statements about globalization is correct?
A) The world was much more globalized centuries ago than it is now.
B) Nothing about globalization is new - it is the same it has been for centuries.
C) Globalization has been around a long time, but it is faster and more widespread than it was
centuries ago.
@COPYRIGHT 2026/2027 ALL RIGHTS RESERVED
1
, D) Globalization only started int he twentieth century. - ANS C) Globalization has been
around a long time, but it is faster and more widespread than it was centuries ago.
What is the purpose of the World Trade Organization? - ANS To manage international trade
and resolve disputes
T/F: As the industrial revolution continued, retail markets started moving away from centralized
commerce and started developing into decentralized commerce. - ANS False
Who are members of the International Criminal Court? - ANS About half the countries in the
world
What specific side effect of World War II affected consumerism in the US? - ANS Rationing of
goods
Which of the following is NOT a component of socialism:
A) Supply & demand determines market economy
B) Equality of wealth distribution
C) Socio-economic equality
D) State controlled means of production - ANS A) Supply & demand determines market
economy
Which of the following claims in support of globalization is supported by evidence?
A) Americans with manufacturing jobs have not really been affected.
B) American culture is spreading in other countries, but culture in America have not really
changed
C) Consumers generally have more choice and pay lower prices.
@COPYRIGHT 2026/2027 ALL RIGHTS RESERVED
2
