Which of These Statements Is not True About Kennedy's "Nation-Building

question 20

Multiple Choice

Which of these statements is not true about Kennedy's "nation-building" plans?

• A) Kennedy believed wholeheartedly in the doctrine of containment.
• B) The Alliance of Progress provided $25 billion dollars to Latin American countries to strengthen their resistance against communism.
• C) The Soviet Union responded to Kennedy's promotion of wealth for US allies by building the Berlin Wall in 1961.
• D) Kennedy announced he was willing to wage preemptive strikes to prevent the march of communism.
• E) Kennedy's two biggest concerns early in his presidency were Cuba and Korea.

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Definitions:

Double Taxation

A situation where the same income is taxed twice: first at the corporate level on profits, and then again at the shareholder level on dividends received.

Dividends

Dividends are a portion of a company's earnings distributed to its shareholders as a reward for their investment.

Tax-exempt Shareholders

Shareholders or investors who do not have to pay income taxes on the dividends received from their investments, often applied to certain types of institutional investors.

Partnership

A legal form of business operation between two or more individuals who share management and profits, each partner contributing in terms of resources, labor, or skill.