What Did the Authors of Middletown conclude from Their Study

question 50

Multiple Choice

What did the authors of Middletown conclude from their study of life in a small midwestern town in the 1920s?

• A) Modern America was by and large producing remarkably well-adjusted citizens.
• B) America's basic moral and spiritual framework had been virtually untouched by rapid modernization.
• C) The United States had developed a culture in which everything hinged on money.
• D) The United States' technological revolution did not lead to significant social dislocation.

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Definitions:

Negotiation

The process whereby parties discuss their differences and attempt to reach a mutually agreeable resolution.

Indorses

Endorses or signs the back of a financial instrument (such as a check) to transfer rights to another party.

Credit Union

A member-owned financial cooperative that provides banking services, including savings and loan facilities, to its members.

Shelter Principle

The principle that the holder of a negotiable instrument who cannot qualify as a holder in due course (HDC), but who derives his or her title through an HDC, acquires the rights of an HDC.