Cárdenas's Successors in the Presidency

question 30

Multiple Choice

Cárdenas's successors in the presidency

• A) supported U.S. intervention in Cuba.
• B) continued Cárdenas's posture of independence in foreign policy.
• C) accepted U.S. leadership in the cold war.
• D) recognized the Franco government in Spain.

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Definitions:

Opportunity Costs

Missing out on possible advantages from other choices by opting for a particular alternative.

Externalities

Spillover effects of an activity that influence the well-being of nonconsenting parties.

Opportunity Cost of Capital

The potential return that is foregone by investing capital in one project rather than an alternative investment.

Stockholder Equity

The residual interest in the assets of a corporation after deducting liabilities, representing the ownership interest of shareholders.