Since the 1800s, the U.S. Has Evolved

question 100

Multiple Choice

Since the 1800s, the U.S. has evolved

• A) straight from an agrarian economy to an information technology economy.
• B) from a business to business economy to a business to consumer economy.
• C) from an agrarian economy to a manufacturing economy to a service-oriented economy.
• D) from a manufacturing economy to a service economy, to a cottage economy, and now we are trending back to an agrarian economy.

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Definitions:

Dissolve

To disperse or disappear into a solution, or in a corporate context, to legally terminate a company.

Domestic Corporation

A corporation that is registered and operates within its country of incorporation.

State of Incorporation

The specific state within a country where a corporation is registered to operate, abiding by its legal framework and benefiting from its corporate laws.

Franchisor

An entity that grants the right to operate a business under its trademark and brand name to another party, known as the franchisee.