The Salvation Army Was

question 57

Multiple Choice

The Salvation Army was

• A) a branch of the military formed to clean up the slums.
• B) organized along pseudo-military lines to provide food, shelter, temporary employment and morality to poor immigrant families.
• C) a social-welfare organization based on new ideas of gently persuading the urban poor to adopt middle-class values.
• D) organized by urban immigrants to police their own ghettos and improve living conditions.
• E) formed to employ military tactics to force poor immigrants out of respectable middle class neighborhoods.

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Definitions:

Normal Profit

The minimum profit necessary for a company to remain competitive in the market, often considered the cost of doing business.

Marginal Cost

The cost increase associated with the production of an extra unit of a product or service.

Competitive Firms

Businesses that operate in a market environment where they vie with others to offer goods or services, focusing on price, quality, and innovation.

Monopolists

Individuals or entities that hold a monopoly, controlling the entire supply of a good or service in a particular market, eliminating competition.