The Changing Nature of U

question 198

True/False

The changing nature of U.S. business from manufacturing to knowledge technology has led to the call for new levels of regulation from federal agencies.

---

Definitions:

Leather Shoes

Footwear made from the hide of animals, treated for durability and flex.

Tax Revenue

The income that is gained by governments through taxation, which is used to fund public services and goods.

Excise Tax

A tax levied on specific goods, services, or transactions, often targeted at commodities considered harmful, like alcohol and tobacco, or on luxury items.

Fried Twinkies

A snack created by deep-frying Twinkies, often resulting in a crispy outside and soft, warm inside, popular in fairs and festivals.