Mining in the West

question 19

Multiple Choice

Mining in the West

• A)did not see any great mineral strikes until after the Civil War.
• B)flourished until the 1930s.
• C)saw corporations move in first,followed by individual prospectors.
• D)kept ranchers and farmers from establishing their own economic base.
• E)produced the region's first economic boom.

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Definitions:

Debt Financing

Raising capital through borrowing, typically via loans or by issuing bonds, which must be repaid with interest.

Strategic Issues

Fundamental challenges or decisions that are critical to an organization's long-term success and competitive position.

Annual Plans

Detailed, year-long strategies and financial budgets that organizations create to guide operations, achieve strategic objectives, and meet financial targets.

Small Business

A privately owned corporation, partnership, or sole proprietorship that has fewer employees and lower annual revenue than a corporate or multinational company.