Which of the Following Statements Is Most Consistent with Theodore

question 17

Multiple Choice

Which of the following statements is most consistent with Theodore Roosevelt's New Nationalism philosophy?

• A) The government must actively promote mergers and trusts in order to ensure economic efficiency.
• B) Business monopolies and concentrations of economic power must be destroyed.
• C) Reduction of taxes and government spending will rejuvenate the economy and lead to economic expansion.
• D) Regulatory commissions should be established to ensure the wise use of economic power by large corporations.

---

Definitions:

Security

A financial instrument that represents an ownership position in a publicly-traded corporation (stock), a creditor relationship with a governmental body or a corporation (bond), or rights to ownership as represented by an option.

Business License

Official permission from a governmental authority allowing individuals or companies to conduct business within a certain jurisdiction.

Distributorship

An arrangement within a supply chain where a firm is authorized to distribute a manufacturer's products in a particular territory.

Franchise

A license that allows the franchisee access to a business's proprietary knowledge, processes, and trademarks, enabling the franchisee to sell a product or service under the business's name.