In Late-Nineteenth-Century Cases Dealing with the Rights of Blacks, What

question 11

Multiple Choice

In late-nineteenth-century cases dealing with the rights of blacks, what did the Supreme Court decide?

• A) The Fourteenth Amendment protected citizens from private acts of discrimination but not from governmental acts.
• B) Racial segregation was constitutional as long as each race had equal facilities.
• C) Poll taxes and literacy tests were illegal.
• D) The civil-rights clauses of the Fifteenth Amendment were unconstitutional.
• E) Racism in government programs was constitutional but not in private businesses.

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Definitions:

Diversification

A risk management strategy that mixes a wide variety of investments within a portfolio to minimize the impact of any single investment's performance.

Portfolio Theory

A framework for constructing a portfolio of assets in such a way that it optimizes the balance between risk and return.

Risk Aversion

The reluctance to take on investments with higher levels of uncertainty or potential for loss.

Accepting Risk

Accepting risk involves recognizing and undertaking the chance of loss or damage in the expectation of a potential gain.