Which of the Following Was Not Part of the 1950s

question 109

Multiple Choice

Which of the following was not part of the 1950s domestic scene?

• A)The federal government funded the construction of an interstate system of high-speed expressways.
• B)Billions of dollars were allocated for water projects in western states.
• C)Labor unions became increasingly militant and violent.
• D)U.S. companies dominated both the national and international marketplaces.
• E)White Americans moved to the suburbs in large numbers.

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Definitions:

360-Day Year

An accounting assumption that a year consists of 360 days, which simplifies interest calculation by assuming each month has 30 days.

Warranty Expense

Costs a company incurs due to honoring a product warranty, covering repair and replacement of faulty products.

Warranty Repairs

Services provided to fix or replace products that fail to perform as expected within a given warranty period, usually at no cost to the customer.

Note Proceeds

The amount of money received from issuing notes payable, which is a loan or credit extended by financial institutions or others.