What Consequences Did the Eighteenth Amendment Pose When It Took

question 17

Essay

What consequences did the Eighteenth Amendment pose when it took effect in 1920?

---

Definitions:

Operating Expenses

These are the costs associated with running the day-to-day operations of a business, excluding the cost of goods sold.

Work In Process

A category of inventory for items that are currently being manufactured but are not yet complete.

Finished Goods Inventory

Refers to the stock of completed products that are ready to be sold but have not yet been sold.

Merchandising Firm

A business entity that purchases goods in their completed form and sells them to customers without further processing or manufacturing.