During the First Half of the Nineteenth Century, Free Black

question 68

Multiple Choice

During the first half of the nineteenth century, free black Americans:

• A) could not, under federal law, obtain public land.
• B) found, as whites did, that the West offered the best opportunities for economic advancement.
• C) rose in economic status, but more slowly than whites.
• D) joined with white artisans in biracial unions that successfully struck for higher wages.

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Definitions:

Supplies Expense

The cost associated with the consumable items used in the operation of a business, such as office supplies or cleaning materials.

Adjusting Journal Entry

An entry in accounting that is made at the end of an accounting period to record any unrecognized income or expense for the period.

Income Tax Expense

The cost incurred by businesses or individuals due to earnings, represented as an expense in financial statements and affecting net income.

Retained Earnings

The portion of net income that is not distributed to shareholders as dividends but is kept by the company for reinvestment.