Why Did the Idea of Universal Free Schooling Take Hold

question 33

Multiple Choice

Why did the idea of universal free schooling take hold during the last three decades of the nineteenth century?

• A) Business and civic leaders realized that the welfare of society depended on an educated population.
• B) The European system of free education was seen as the most effective model.
• C) Education was considered a worthy investment for surplus municipal tax revenue.
• D) Immigrants were unable to afford to pay for schooling.

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Definitions:

Par Value

Par value is the nominal or face value of a bond, stock, or other financial instrument, as stated by the issuer.

Common Stock

Shares of ownership in a corporation that entitle the shareholder to a share of the company’s profits and a right to vote on company matters.

Consolidation Worksheet

A tool used in preparing consolidated financial statements that combines the assets, liabilities, and equity of a parent company and its subsidiaries.

Par Value

The nominal or face value of a bond, share of stock, or another financial instrument, as stated by the issuing company.