During the 1990s, Goldman Increased It Standards for Profitability Before

question 68

True/False

During the 1990s, Goldman increased it standards for profitability before doing an IPO.

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Definitions:

NSC-68

Top-secret policy paper approved by President Truman in 1950 that outlined a militaristic approach to combating the spread of global communism.

Military Buildup

An increase in the size and strength of a country's armed forces, often in preparation for potential conflicts or as a means of asserting geopolitical influence.

Communism

A political and economic ideology advocating for a classless society in which all property is publicly owned and each person works and is paid according to their abilities and needs.

Berlin Blockade

A Soviet maneuver in 1948-1949 to cut off all land and rail access to West Berlin, which was countered by the Western Allies through the Berlin Airlift.