Attempts by Congress to Regulate Child Labor and Factory Conditions

question 73

Multiple Choice

Attempts by Congress to regulate child labor and factory conditions in local workplaces were struck down by the Supreme Court as unconstitutional in the late nineteenth century because regulating local workplaces was

• A) perceived to violate the Twenty-First Amendment to the Constitution.
• B) perceived to violate the comity clause of the Constitution.
• C) was beyond the scope of interstate commerce at the time and was therefore perceived to be an unconstitutional exercise of power by the federal government.
• D) perceived to violate the strongly held value of regulated federalism.

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Definitions:

Correlation Coefficient

A statistical measure that calculates the strength of the relationship between two variables, ranging from -1 to 1, where 1 indicates a perfect positive correlation and -1 indicates a perfect negative correlation.

Standard Deviation

A statistical measure that represents the dispersion or variability of a data set or investment returns, indicating how much the values in the set deviate from the mean.

Sharpe Ratio

A measure used to assess the risk-adjusted return of an investment by comparing its excess return to its standard deviation of returns.

Holding Period

The length of time an investment is held by an investor before being sold, which can affect tax treatment and investment strategy.