By the Early Twentieth Century, Northern Industrialists Preferred to Hire

question 80

True/False

By the early twentieth century, northern industrialists preferred to hire southern blacks over the "new immigrants."

Understand the relationship between assets, liabilities, and equity in the accounting equation.

Comprehend the primary components and purpose of fundamental financial statements including the balance sheet, income statement, statement of retained earnings, and statement of cash flows.

Calculate and analyze the return on assets to assess a company's profitability in relation to its total assets.

Understand the impact of transactions on the accounting equation and financial statements.

---

Definitions:

Drive Theory

is a psychological concept suggesting that behavior is motivated by the desire to meet basic biological needs or drives, such as hunger, thirst, or sex.

Psychologically Oriented

Focused or directed towards understanding the mental processes and behavior from a psychological perspective.

Instinct Approaches

Theoretical perspectives that emphasize the innate, automatic, genetic, and biological factors driving behavior.

Physiological Motivations

Basic bodily needs driving behavior, such as hunger, thirst, sleep, and avoidance of pain, essential for survival and well-being.