Identify Each of the Following Acts as Representing Either Saving

question 27

Essay

Identify each of the following acts as representing either saving or investment.
a. Jean uses some of his income to buy government bonds.
b. Julie takes some of her income and buys mutual funds.
c. Alex purchases a new truck for his delivery business using borrowed funds.
d. Kurt uses some of her income to buy stock in a major corporation.
e. Henrietta hires a builder to construct a new building for her bicycle shop.

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Definitions:

NAACP-sponsored Bill

Legislation backed by the National Association for the Advancement of Colored People, aimed at securing civil rights and eliminating racial discrimination and prejudice.

Lynching

The illegal execution of an individual by a mob, often by hanging, without legal trial, historically used as a method of terrorizing Black communities in the United States.

Senatorial Filibuster

A tactic used by senators in the United States Senate to delay or block legislative action by speaking for an extended period or by other procedural means.

Ossian H. Sweet

An African-American physician whose involvement in a self-defense case against a white mob attacking his home in Detroit became a significant civil rights landmark in the 1920s.