SSC MTS EXAM

SSC

WORLD GEOGRAPHY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following statements accurately describes changes in the U.S. economy since the 1950s?
A
The number of jobs in manufacturing has declined.
B
The number of farms has grown.
C
The number of jobs in manufacturing has increased, as has the size of the average farm.
D
The number of jobs in manufacturing has declined, as has the size of the average farm.
Explanation: 

Detailed explanation-1: -Television brought a new mode of advertising to the masses. Television also greatly damaged the film industry. Americas fastest growing industry during the 1950’s. The growth of television greatly aided in the ability for advertising to reach a broader audience with visual and auditory messages.

Detailed explanation-2: -Eisenhower’s combination of low taxes, balanced budgets, and public spending allowed the economy to prosper. The economy overall grew by 37% during the 1950s and unemployment remained low, about 4.5%. At the end of the decade, the median American family had 30% more purchasing power than at the beginning.

Detailed explanation-3: -Annual economic production, as measured by the Gross National Product (GNP), more than doubled, rising from $99.7 billion in 1940 to nearly $212 billion in 1945.

There is 1 question to complete.