The First National Movement That Sprung Up with the Aim

question 33

Multiple Choice

The first national movement that sprung up with the aim to protect consumers was the:

• A) Socialist movement.
• B) Populist movement.
• C) Progressive movement.
• D) Elitist movement.

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Definitions:

Par Value

Par value is the nominal or face value of a bond, stock, or coupon as indicated on a certificate or instrument, often used in the legal capital of a corporation.

Net Income

The amount of earnings left over after all expenses, including taxes and costs of goods sold, have been deducted from total revenue.

Stockholders' Equity Accounts

These accounts represent the owners' equity in a corporation, including common stock, retained earnings, and additional paid-in capital.

Net Income

The net income a corporation earns once all costs, taxes, and expenses are deducted from the total revenue.