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Why Did Auto Manufacturers and Oil Companies Vault to the Top

Question 19

Multiple Choice

Why did auto manufacturers and oil companies vault to the top ranks of corporate America in 1950s?


A) Profits in both industries rose steeply, due to the vast majority of auto manufacturing and oil refinery jobs being shipped overseas.
B) Lucrative government defense contracts continued, due to a postwar need for military trucks and jeeps.
C) The consumer demand for the automobile boomed in this decade.
D) Most members of Congress had business backgrounds.
E) More Americans lived in the suburbs and used public transportation to commute to work.

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