Ratification of the Seventeenth Amendment Is Considered a Progressive Victory

question 16

Multiple Choice

Ratification of the Seventeenth Amendment is considered a progressive victory because ___________.

• A) by providing for the income tax, it had the effect of redistributing wealth in the United States
• B) by providing for the direct election of United States senators, it took their election out of the hands of state legislatures
• C) by establishing a regulatory commission for all industry, it furthered the concept of a planned economy
• D) by making the manufacture and sale of alcoholic beverages illegal, it furthered the progressive goal of moral purity

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Definitions:

Tax Allowances

Deductions or adjustments to taxable income permitted by tax authorities, allowing individuals or businesses to reduce their taxable income.

Contingent Liabilities

Potential liabilities that may occur depending on the outcome of a future event, which are recorded in the financial statements if the occurrence is likely and the amount can be reasonably estimated.