The Idea That All People Should Have the Freedom to Use

question 62

Multiple Choice

The idea that all people should have the freedom to use whatever talents and wealth they have to achieve their goals is called ________.

• A) in-kind benefits
• B) equality of opportunity
• C) outdoor relief
• D) contributory system
• E) equality of results

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Definitions:

Detent Position

A mechanical feature that locks a moving part in a specific position, often found in gear selectors to hold gears in place.

1st-Reverse Rail

A component in manual transmission systems, engaging the gear mechanism for the first or reverse gears.

Conversion Cost

The combined cost of direct labor and manufacturing overheads that are incurred to convert raw materials into finished goods.

Book Value

The net value of a company's assets minus its liabilities and intangible items, as stated on the balance sheet.