What Occurred in 1961 That Heightened Fears and Provided a Rationalization

question 37

Multiple Choice

What occurred in 1961 that heightened fears and provided a rationalization for President John F.Kennedy's military buildup?

• A) The People's Republic of China invaded the small country of Vietnam.
• B) Nikita Khrushchev publicly encouraged wars of national liberation in the third world.
• C) The Soviet Union's military and nuclear capacities surpassed those of the United States.
• D) The People's Republic of China obtained nuclear weapons from the Soviet Union and began installing them in Southeast Asia.

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Definitions:

Consolidated Statement

Another term for consolidated financial statements, which combine the financial data of a parent company with its subsidiaries into a single comprehensive reporting document.

Shareholders' Equity

The residual interest in the assets of a company after deducting liabilities, representing the ownership stake of shareholders.

Acquisition Date

The date on which control of the assets of the acquired entity is transferred to the acquirer.

Fair Values

The estimated market value of an asset or liability, reflecting the price at which it could be bought or sold in a current transaction between willing parties.