Which of the Following Statements About the Idea of "Economic

question 90

Multiple Choice

Which of the following statements about the idea of "economic citizenship" in the Progressive era is correct?

• A) It argued that the right to universal economic assistance derived from manhood itself.
• B) It called for local authorities to dispense charity to the poor.
• C) It ushered in a wave of federal workmen's compensation laws by 1913.
• D) It acted as a wedge to opening broader support for social insurance programs of the future.
• E) It blended Catholicism with a romantic view of nature inspired by the Transcendentalists.

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Definitions:

Accounts Payable

A liability account that records amounts owed by a company to suppliers or creditors for purchases made on credit.

Merchandise Inventory

Represents the goods a company intends to sell to customers that are purchased and stored, evaluated as a current asset on the balance sheet.

F.O.B. Shipping Point

A term used in shipping contracts indicating that the buyer takes ownership and responsibility for goods once they leave the seller's premises.

F.O.B. Destination

A shipping term indicating that the seller retains risk and ownership of goods until they are delivered to the buyer's location.