Which of These Is not a Reason Why the Watergate

question 19

Multiple Choice

Which of these is not a reason why the Watergate scandal was a crucial event in American history and life in the 1970s?

• A) It left Americans distrustful of politics and politicians.
• B) After Watergate, many Americans turned to individual groups for answers, which led to the rise of identity politics.
• C) Despite the disgraced Republican president, it assisted the party's objective of reducing the power and reach of government.
• D) It led to the rise of the careers of Carl Bernstein and Bob Woodward, who exposed the scandal.
• E) After Watergate, the media more closely scrutinized and exposed the doings of politicians.

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Definitions:

Fixed Costs

Costs that remain constant regardless of the amount of goods produced or sold, including lease payments, wages, and insurance fees.

Gross Profit

The difference between a company's sales revenue and its cost of goods sold, representing the profit made before accounting for operating expenses.

Special Order

A one-time customer order often involving unique specifications, which might not fit into the company's standard offerings.

Variable Cost

Costs that vary directly with the level of production or volume of output, such as raw materials and direct labor.