How Did Government Officials Respond to Workers' Demands for Support

question 9

Multiple Choice

How did government officials respond to workers' demands for support during the economic depression of 1873?

• A) They nationalized the railroad system that was responsible for causing this depression.
• B) They gave financial subsidies to farmers as relief for dropping farm prices.
• C) They refused to create jobs through public works.
• D) They provided funding for the establishment of additional charitable organizations.

---

Definitions:

Net Income

The total earnings of a company after accounting for all expenses and taxes, reflecting the company's profitability.

Operating Revenues

Income generated from the core business activities of a company.

Gross Profit

The earnings a company retains after subtracting the expenses incurred in the production and sale of its goods, or the expenses related to delivering its services.

Transaction Analysis

The examination of a business transaction to understand its effects on the financial statements.