Match the Term with the Definition

question 11

Multiple Choice

Match the term with the definition.
-Industrial programs for workers that became popular in the 1920s. Some businesses improved safety and sanitation inside factories and instituted paid vacations and pension plans. It encouraged loyalty to companies rather than independent labor unions.

• A)Bonus Marchers
• B)Five-Power Naval Treaty of 1922
• C)Johnson-Reed Act
• D)Ku Klux Klan
• E)New Negro
• F)new woman
• G)prohibition
• H)Reconstruction Finance Corporation (RFC)
• I)Scopes trial
• J)Scottsboro Boys
• K)Teapot Dome
• L)welfare capitalism

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Definitions:

Monopoly

A market framework in which there is only one seller offering a distinctive product to the market.

Marginal Revenue

The extra revenue earned by selling an additional unit of a product or service.

Marginal Cost

The added financial burden incurred by manufacturing one more good or service unit.

Government Rules

Regulations and guidelines established by government authorities to govern behavior, enforce standards, and protect the public interest.