The "Spoils System" Allocated Political Appointments on the Basis of ________

question 13

Multiple Choice

The "spoils system" allocated political appointments on the basis of ________.

• A) merit
• B) background
• C) party loyalty
• D) specialized education

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Definitions:

Nikkei

An abbreviation for the Nikkei 225 Stock Average, a leading index of Japanese stocks.

Japanese Stock Market

A collection of stock exchanges located in Japan, like the Tokyo Stock Exchange, where investors can trade shares of Japanese companies.

Index

A statistical measure that represents the performance of a group of stocks, indicating trends in various industry sectors or the market as a whole.

Call Option

A financial derivative that gives the holder the right, but not the obligation, to buy a stock or other asset at a specified price within a specified time frame.