Figure 12.7.1: Economic Base of U.S. Cities

question 51

Multiple Choice

Figure 12.7.1: Economic Base of U.S. Cities
-________ are enterprises whose customers live in the same community,essentially,consumer services.

• A) Basic industries
• B) Nonbasic industries
• C) Social services
• D) Human services
• E) Temporary services

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Definitions:

Retained Earnings

The portion of net earnings not paid out as dividends, but retained by the company to be reinvested in its core business, or to pay debt.

Plant Expansion

The process of increasing the capacity or capabilities of existing facilities through additional space, equipment, or technology.

Dividend Declarations

A corporate action where a company announces the payment of dividends to its shareholders.

Retained Earnings

The portion of net earnings not paid out as dividends, but retained by the company to be reinvested in its core business or to pay debt.