With the Outbreak of World War I in 1914, the Great

question 24

Multiple Choice

With the outbreak of World War I in 1914, the great majority of Americans

• A) earnestly hoped to stay out of the war.
• B) favored entering the war in support of the Allies.
• C) resented British anti-German propaganda.
• D) had close cultural, linguistic, and economic ties with the Central Powers.
• E) wanted the United States to negotiate an end to the conflict.

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Definitions:

Principal-agent Problem

A conflict of interest that arises when one party (the agent) is expected to act in the best interest of another (the principal) but has incentives to act in their own interest.

Purely Competitive Labor Market

A resource market in which many firms compete with one another in hiring a specific kind of labor, numerous equally qualified workers supply that labor, and no one controls the market wage rate.

Rate of Unionization

The percentage of workers who are members of a union within a particular workforce or industry.

Protective Service Workers

Individuals employed in occupations that focus on public safety, law enforcement, and security services.