In 1862, Congress Established Land-Grant Colleges with the

question 92

Multiple Choice

In 1862, Congress established land-grant colleges with the

• A)Elementary and Secondary Education Act.
• B)GI Bill of Rights.
• C)Northwest Ordinance.
• D)Morrill Act.

---

Definitions:

Taxable Income

The portion of an individual's or corporation's income that is subject to taxes by government authorities.

Federal Income Tax

A tax levied by the U.S. federal government on the annual earnings of individuals, corporations, trusts, and other legal entities.

Payroll Tax

Taxes imposed on employers and employees, based on the wages and salaries paid to workers, used to fund social security and other government programs.

Great Recession

A profound global economic downturn that began in 2007 and lasted until 2009, marked by significant declines in economic activity worldwide.