Both Ratified in the 1930s, the Twentieth Amendment ____ and the Twenty-First

question 1

Multiple Choice

Both ratified in the 1930s, the Twentieth Amendment ____ and the Twenty-first Amendment ____.

• A) shortened the time between presidential election and inauguration; ended prohibition
• B) limited a president to two complete terms in office; repealed the Eighteenth Amendment
• C) rendered most New Deal programs unconstitutional; limited a president to two complete terms in office
• D) ended prohibition; shortened the time between presidential election and inauguration
• E) expanded the size of the Supreme Court; ended prohibition

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Definitions:

Price-Taker Firms

Companies that accept the market price as given and have no influence to change the price of the goods or services they sell.

Expand

Refers to the process of growth or increase in size, volume, number, or scope.

Contract

A legally binding agreement between two or more parties that outlines obligations, rights, and conditions under which a transaction or exchange will occur.

Market Entry

The act of bringing a new product or service to market, including the challenges and strategies involved in successfully engaging with a new or existing market.