Your Text Characterizes Homogeneous and Conglomerate Retail Chains Like Wal-Mart

question 38

Multiple Choice

Your text characterizes homogeneous and conglomerate retail chains like Wal-Mart and McDonald's that have replaced diverse and thriving town centers as the economic equivalent of

• A) invasive species - voracious, indiscriminate and antisocial.
• B) a Clint Eastwood character - good, bad and ugly.

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Definitions:

Stock Dividend

A form of dividend payment made by a corporation to its shareholders in the form of additional shares, rather than cash.

Retained Earnings

The portion of a company's profits not distributed as dividends to shareholders but retained for reinvestment in the business.

Par Value

Refers to the face value of a bond or the stock value stated in the corporate charter, establishing a minimum price per share for stocks issued.

Dividend Income

Income received from owning shares of a company that pays dividends, representing a portion of the company's profits distributed to shareholders.