Businesspeople Used the Red Scare to

question 61

Multiple Choice

Businesspeople used the red scare to

• A) oppose enactment of the American plan.
• B) break the backs of fledgling unions.
• C) campaign for the enactment of the "closed" shop.
• D) secure passage of laws making unions legal.
• E) reduce prices on consumer goods for Americans.

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Definitions:

Net Income

The total earnings of a company after subtracting all expenses, taxes, and costs from total revenue.

Amortization

The gradual reduction of a debt or the spreading out of capital expenses over the projected life of the asset, typically used for intangible assets.

Noncontrolling Interest

An ownership stake in a corporation where the holder does not have a controlling interest or majority of the voting rights.

Net Income

The total earnings or profit of a company after subtracting all expenses, including taxes and interest, from its total revenues.