In His Book, Our Country: Its Possible Future and Its

question 159

Multiple Choice

In his book, Our Country: Its Possible Future and Its Present Crisis, the Reverend Josiah Strong advocated American expansion to

• A) maintain the international balance of power.
• B) open up new markets for industrial goods.
• C) spread American religion and values to backward nations.
• D) ease labor violence at home.
• E) demonstrate and maintain white racial superiority.

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Definitions:

Interest Expense

Interest expense refers to the cost incurred by an entity for borrowed funds over a period of time.

Semiannually

Semiannually implies an occurrence or calculation that happens twice a year, often used in the context of interest payments or reporting periods.

Annually

Occurring once every year or relating to a period of one year.

Current Yield

Yearly returns in the form of interest or dividends as a ratio of the security's present price.