Why Did the Working Poor Often Favor Expanding the Number

question 31

Multiple Choice

Why did the working poor often favor expanding the number of public schools in the first half of the nineteenth century?

• A) The quality of a public education was better than that of private schools in most cities at the time.
• B) The children of the working poor would be guaranteed to no longer need to labor in factories or do farmwork.
• C) The South, where many of the working poor lived, had been the region initiating and leading the public school movement.
• D) The working poor wanted free schools to give their children an equal chance to pursue the American dream.
• E) Building public schools promised to expand the number of construction jobs and therefore greatly improve employment prospects.

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Definitions:

GAAP

The accounting standards and rules that are broadly adhered to in financial reporting are encapsulated in the Generally Accepted Accounting Principles.

Double-Entry Accounting

An accounting principle requiring that every financial transaction is recorded in at least two different nominal ledger accounts, ensuring the accounting equation is always in balance.

GAAP

The standard set of guidelines for financial accounting that are widely accepted in a particular jurisdiction, known as Generally Accepted Accounting Principles.

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board.