In the USCensus of 1890, Racial Categories Included "Octoroon," "Quadroon," and "Mulatto

question 20

Multiple Choice

In the U.S.Census of 1890, racial categories included "octoroon," "quadroon," and "mulatto." The fact that such racial categories no longer exist illustrates that:

• A)Americans today have a low level of racial consciousness.
• B)racial categories are socially defined.
• C)people's understanding of race has changed.
• D)race is no longer a significant part of Americans' social identity.

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Definitions:

Intrinsic Value

The actual, inherent value of an asset, determined through fundamental analysis without reference to its market value.

Call Option

A financial contract granting the buyer the right to buy an asset at a specified price before a set date.

Exercise Price

The cost at which the person holding the option has the right to purchase (in the case of a call option) or sell (in the case of a put option) the underlying asset.

Underlying Stock

This refers to the stock on which derivative contracts, such as options and futures, are based.