Which of the Following Statements Is TRUE

question 178

Multiple Choice

Which of the following statements is TRUE?

• A) Large U.S. corporations did not emerge until around 1930.
• B) The U.S. developed many of its new industries in the late 1800s by advocating free trade among nations.
• C) There was a massive wave of corporate mergers in the U.S. at the turn of the century.
• D) The U.S. government did its best to discourage the emergence of large corporations.
• E) Government regulation of the economy was common prior to the turn of the 20ᵗʰ century.

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Definitions:

Right To Own Slaves

This refers to legal entitlements that existed in various societies allowing individuals to own other individuals as property, most notably before the Civil War in the United States.

Economic Trend

The general direction in which an economy is moving, observed through indicators like GDP, unemployment rates, and consumer spending patterns.

South

A term that typically refers to the southeastern and south-central regions of the United States, often characterized by its distinct cultural, historical, and economic traits.

Tenant Farmers

Farmers who rent land to grow crops, rather than owning the land themselves.