During the Progressive Era, There Was a Profound Change in the American

question 39

Multiple Choice

During the Progressive Era, there was a profound change in the American political economy. This change was composed of

• A) demands for more intervention by state governments to promote business.
• B) demands for less intervention by the federal government to promote business.
• C) demands for more intervention by the federal government to regulate business.
• D) demands for less intervention by the state governments to regulate business.
• E) demands for more market fundamentalism.

---

Definitions:

Direct Labor-Hours

It measures the total hours worked by employees directly involved in manufacturing a product.

Activity-Based Costing

A method of costing that identifies activities in an organization and assigns the cost of each activity to all products and services according to the actual consumption.

Activity Rates

Predetermined rates used in activity-based costing to allocate costs to products or services based on specific activities undertaken.

Product E6

A specific product or item in a company's lineup or inventory, indicated by the designation 'E6'.