CADS 2000 EXAM 1 QUESTIONS WITH VERIFIED
ACCURATE ANSWERS- AUBURN UNIVERSITY
What is a consumer? - answers - a person who purchases goods and services for
personal use
When did it become profitable to study consumers? - answers - during the silk road (114
bc-1450's bc)
Before the industrial revolution, what lifestyle did the vast majority of the world live? -
answers - agrarian, subsistence lifestyle
What is a serf? - answers - an agricultural laborer bound under the feudal system to
work on his lord's estate
What is a peasant? - answers - a poor farmer of low social status who owns or rents a
small piece of land for cultivation
In what country did the industrial revolution begin? - answers - great britain
What industry lead the industrial revolution? - answers - textile
What was fairly common in the pre-industrialized world? - answers - monopolies in trade
What event marked the advent of the agricultural revolution? - answers - crop rotation-
learning how to rotate crops to prevent soil to be replenished
Seeds from the new world provided food with calories
What was the uk's and us's natural resources? - answers - - fertile land and long
growing seasons
-coal and iron
- rivers and canals that were navigable
What was the mercantile system - answers - it said that national government should
regulate the production and foreign trade in order to increase political power
What is samuel slater known for? - answers - brought plans for textile mills to america;
mill opened in 1791 in rhode island
What was one of the most labor intensive good to produce? - answers - cotton
__________ mills were mainly in the south - answers - cotton
, _________ mills were mainly in the north - answers - woolen
What are examples of power technology? - answers - steam engine and waterwheel
Industrial revolution impacts - answers - - growing middle class
- specialized labor vs general
- working class had poorer working conditions
Economies of sale - answers - factors that cause a producer's average cost per unit to
fall as output rises
The more you produce of an item the less it cost per unit
Who made the iron curtain speech? - answers - winston churchill
What is isolationism? - answers - a policy of remaining apart from the affairs or interests
of other groups, especially the political affairs of other countries
What were the causes of wwii? - answers - treaty of versailles, rise of fascism, japanese
aggression
Wwii propaganda - answers - captain american, loose lips sink ships, car sharing,
victory garden
When did the us get out of the great depression? - answers - during wwii
What was a dominant cultural influence during the second part of the 20th century? -
answers - the cold war
Cold war economics - answers - socialism vs. Capitalism
Socialism - answers - a system in which society, usually in the form of the government,
owns and controls the means of production.
Capitalism - answers - an economic system based on private ownership of capital
What did hollywood use during the cold war? - answers - media
Space race - answers - a competition of space exploration between the united states
and soviet union.
What year did wal-mart displace sears? - answers - 1989
Average cost of a television in the 1950s - answers - $129-$1,295
What forever changed how american politics was conducted? - answers - television
ACCURATE ANSWERS- AUBURN UNIVERSITY
What is a consumer? - answers - a person who purchases goods and services for
personal use
When did it become profitable to study consumers? - answers - during the silk road (114
bc-1450's bc)
Before the industrial revolution, what lifestyle did the vast majority of the world live? -
answers - agrarian, subsistence lifestyle
What is a serf? - answers - an agricultural laborer bound under the feudal system to
work on his lord's estate
What is a peasant? - answers - a poor farmer of low social status who owns or rents a
small piece of land for cultivation
In what country did the industrial revolution begin? - answers - great britain
What industry lead the industrial revolution? - answers - textile
What was fairly common in the pre-industrialized world? - answers - monopolies in trade
What event marked the advent of the agricultural revolution? - answers - crop rotation-
learning how to rotate crops to prevent soil to be replenished
Seeds from the new world provided food with calories
What was the uk's and us's natural resources? - answers - - fertile land and long
growing seasons
-coal and iron
- rivers and canals that were navigable
What was the mercantile system - answers - it said that national government should
regulate the production and foreign trade in order to increase political power
What is samuel slater known for? - answers - brought plans for textile mills to america;
mill opened in 1791 in rhode island
What was one of the most labor intensive good to produce? - answers - cotton
__________ mills were mainly in the south - answers - cotton
, _________ mills were mainly in the north - answers - woolen
What are examples of power technology? - answers - steam engine and waterwheel
Industrial revolution impacts - answers - - growing middle class
- specialized labor vs general
- working class had poorer working conditions
Economies of sale - answers - factors that cause a producer's average cost per unit to
fall as output rises
The more you produce of an item the less it cost per unit
Who made the iron curtain speech? - answers - winston churchill
What is isolationism? - answers - a policy of remaining apart from the affairs or interests
of other groups, especially the political affairs of other countries
What were the causes of wwii? - answers - treaty of versailles, rise of fascism, japanese
aggression
Wwii propaganda - answers - captain american, loose lips sink ships, car sharing,
victory garden
When did the us get out of the great depression? - answers - during wwii
What was a dominant cultural influence during the second part of the 20th century? -
answers - the cold war
Cold war economics - answers - socialism vs. Capitalism
Socialism - answers - a system in which society, usually in the form of the government,
owns and controls the means of production.
Capitalism - answers - an economic system based on private ownership of capital
What did hollywood use during the cold war? - answers - media
Space race - answers - a competition of space exploration between the united states
and soviet union.
What year did wal-mart displace sears? - answers - 1989
Average cost of a television in the 1950s - answers - $129-$1,295
What forever changed how american politics was conducted? - answers - television
