During the Revolutionary War, the Management of the War Can

question 72

Multiple Choice

During the Revolutionary War, the management of the war can best be described as ______.

• A) focused with all actors devoted to a single goal of winning independence
• B) extremely centralized because all major decisions were left to George Washington
• C) fragmented because Congress functioned only as a coordinator
• D) chaotic because of disputes over the strategic goals of the war

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Definitions:

Securities

Financial instruments representing ownership (stocks), a debt agreement (bonds), or the rights to ownership (derivatives) that can be bought and sold.

SEC

The U.S. Securities and Exchange Commission, a federal agency responsible for enforcing federal securities laws and regulating securities industry participants.

Operations

The day-to-day activities carried out by a business to generate earnings, involving production, sales, and service provision.

Funded

Funded refers to a financial state where a project, account, or obligation has sufficient reserved resources or capital to cover expenses or liabilities.