How Did the Clash Between the Virginia and the Monitor

question 10

Multiple Choice

How did the clash between the Virginia and the Monitor in March 1862 revolutionize naval warfare?

• A) It showed the value of wind-power over steam.
• B) It revealed the value of armor-piercing shells.
• C) It indicated the limitations ship-to-ship communications.
• D) It marked the beginning of a shift toward ironclad ships and even submarines.
• E) It signified the importance of rifling in barrels.

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Regressive Tax

A tax system in which the tax rate decreases as the taxable amount increases, disproportionately burdening lower-income individuals.

Sales Tax

A tax imposed on sales of goods and services, typically calculated as a percentage of the selling price.

Tax Rate Structure

The system or design of tax rates, which can be progressive, regressive, or proportional, determining how taxes are applied based on income or other factors.

Marginal Tax Rate

The tax rate applied to the next dollar of income, indicating how much tax will be paid on an additional dollar of earnings.