About ________ Reform Communities, Often Called Utopian Communities, Were Established

question 63

Multiple Choice

About ________ reform communities, often called utopian communities, were established in the United States during the first half of the nineteenth century.

• A) 20
• B) 50
• C) 100
• D) 200

---

Definitions:

Initial Cost

The upfront expense incurred to purchase an asset or to initiate a project.

Net Present Value

A calculation that compares the value of a dollar today to the value of that same dollar in the future, taking inflation and returns into account.

Required Rate

The minimum return an investor expects to achieve when investing in a particular asset or project.

Payback Period

The duration of time it takes for an investment to generate enough revenue to recover the initial cost of the investment.