Which of the Following Does NOT Describe the Impact of Corporations

question 72

Multiple Choice

Which of the following does NOT describe the impact of corporations on the American West?

• A) Scientific mining techniques introduced by corporate engineers displaced independent prospectors.
• B) Lumber companies decimated coastal forests, inspiring the twentieth-century conservation movement.
• C) Urban populations in California declined as people moved to the centers of agricultural production.
• D) Communal landholdings in New Mexico were taken over by commercial farmers and ranchers.

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Definitions:

Fiscal Year

A one-year period used by governments and businesses for accounting and financial reporting, which may or may not align with the calendar year.

Depreciation Expense

Spreading out the expense of a physical asset over the period it's in use.

Operating Activities

Components of a business's cash flow statement that relates to its core operations, including cash received from sales and cash paid for goods and services.

Net Income

The amount of money remaining after all operating expenses, taxes, and other costs have been subtracted from total revenue.