In Retrospect,it Is Clear That the First World War

question 110

Multiple Choice

In retrospect,it is clear that the First World War

• A) accustomed political leaders to see a governmental role in coordinating economic activity as both vital and normal in meeting economic goals-but not in capitalist regimes.
• B) helped to create the new military thinking of early 1916, which enabled military commanders on the Western Front to cut casualties and equipment usage while ending the debilitating system of trench warfare.
• C) profoundly revived the faith of most soldiers, and civilians also, in the possibility of ending war and fostering permanent peace.
• D) helped to produce structural crises which toppled the Russian, Ottoman, Austro-Hungarian, and German governments.
• E) made the world safe for democracy.

Understand and analyze the basic accounting equation and its components (assets, liabilities, owner's equity).

Prepare and correct a balance sheet.

Record and analyze business transactions and their effects on the accounting equation.

Prepare an owner’s equity statement.

---

Definitions:

Central Nervous System

The part of the nervous system consisting of the brain and spinal cord, which integrates information and coordinates all bodily functions.

Speed Up

The act of increasing the rate at which something occurs or is performed.

Tranquilizer

A type of medication used to reduce tension or anxiety, often affecting the central nervous system to induce relaxation.

Reduced Anxiety

A decrease in the feelings of nervousness, fear, or apprehension often associated with anticipation of a threat.