How Did Expansion Affect Men Like John Jacob Astor

question 29

Multiple Choice

How did expansion affect men like John Jacob Astor?

• A) As free African Americans, men like Astor could settle in the West and make a life for themselves.
• B) As displaced Native Americans, men like Astor could relocate in the newly acquired land of the West or Florida making a new life for themselves.
• C) Expansion gave entrepreneurs like Astor the opportunity to create prosperous immigrant neighborhoods like Astoria, New York.
• D) Expansion gave entrepreneurs like Astor the opportunity to create prosperous companies in the West.
• E) Expansion gave immigrants like Astor the opportunity to work hard in an industrial mill and one day save enough money to start their own business.

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Definitions:

Schedule of Cost

A detailed report listing all costs associated with a project, including direct, indirect, fixed, and variable costs.

Manufactured

Refers to items that have been produced or constructed from raw materials in a factory setting.

Operations

The day-to-day activities required for continued business functioning, focusing on creating and delivering products or services.

Predetermined Overhead Rate

A rate used to apply manufacturing overhead cost to products, calculated before the manufacturing process begins based on estimated costs.