Syndicalists Believed That

question 25

Multiple Choice

Syndicalists believed that

• A) small groups, or syndicates, of wealthy people controlled the economic life of their individual countries.
• B) the best government was the one that governed the least and passed the fewest laws.
• C) people should not be ruled by any government at all, because all governments eventually become corrupt.
• D) private property should be outlawed.
• E) only peasants and owners should comprise a country's government, because they were the only ones making a significant contribution to society.

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Definitions:

Securities Act of 1933

A U.S. federal law enacted to ensure transparency and fairness in the securities market, requiring that investors receive significant information regarding securities being offered for public sale.

Due Diligence Defense

A legal defense whereby the defendant can avoid liability by proving that they took all possible steps to avoid committing an offence.

Registration Statement

A formal document filed with regulatory authorities that provides details about an investment offering for sale to the public, often associated with securities.

Investment Company Act of 1940

A U.S. federal law that regulates the organization and activities of investment companies, primarily focused on protecting investors.