The Economic Exploitation of the Far West After the Civil

question 2

Multiple Choice

The economic exploitation of the far West after the Civil War relied heavily on

• A) European investors.
• B) Indian labor.
• C) Russian miners.
• D) Canadian lumberjacks.

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Definitions:

T-Account Close

The process of transferring the balances of temporary accounts to a permanent account at the end of an accounting period to prepare for a new period.

Benjamin Franklin Close

A sales technique that encourages a customer to make a decision by listing pros and cons of purchasing a product or service, akin to Benjamin Franklin's decision-making method.

Assumptive Close

A sales technique where the salesperson assumes that the prospect has decided to purchase and moves forward with finalizing the sale.