As a Result of Mass Distribution of Phonograph Records, __________

question 29

Multiple Choice

As a result of mass distribution of phonograph records, __________.

• A) most Americans stopped listening to the radio
• B) American jazz music became popular worldwide
• C) the American cultural community became more exclusive
• D) the American market was dominated by European artists

---

Definitions:

Insider Trading

The unauthorized use of secret information for making profitable trades on the stock market to benefit oneself.

Exemption From Registration

A situation where a party is relieved from the requirement to register information or activities with a governmental or regulatory authority.

Components Assembly Corporation

A business specializing in the process of assembling parts to create finished products, often in the manufacturing sector.

SEC

Stands for the Securities and Exchange Commission, a U.S. government agency responsible for regulating the securities markets and protecting investors.