The Prohibition Movement

question 31

Multiple Choice

The Prohibition movement

• A)brought about the end of alcohol production and sales before World War I,when it was then repealed.
• B)focused on the consumption of high-alcohol-content liquor,such as whiskey and vodka,but did not oppose wine shops and beer gardens.
• C)was opposed by most progressives as being overly intrusive into personal liberty.
• D)resulted in major "culture clashes" with many immigrant groups,as drinking establishments were considered by them to be important communal institutions.

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Definitions:

Tender Their Shares

The act of a shareholder submitting their stocks in response to a buyout offer.

Initial Public Offering

The process by which a private company offers shares of stock to the public for the first time.

Capital Contributions

Financial or other assets given to a company by its owners or shareholders to increase its equity or meet its financing needs.

Right to Abandon

A legal or contractual option that allows an entity to give up rights to an asset without any obligations.