Which of the Following Statements Is NOT True of the American

question 15

Multiple Choice

Which of the following statements is NOT true of the American industrial revolution from 1865 to 1885?

• A)The U.S.became the world's most productive economy.
• B)The railroad was central to the network of mass communication and transportation.
• C)Industry in the nation grew faster than ever before.
• D)The Deep South industrialized along with the rest of the nation.

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Definitions:

Usurped Corporate Opportunity

An act where an individual takes advantage of an opportunity that rightfully belongs to a corporation, typically violating fiduciary duties.

Director Liability

The legal responsibility of a company's directors to act in the best interest of the company, with potential personal legal consequences for breaches of duty.

Shareholder Meeting

A gathering of the stockholders of a corporation to vote on corporate affairs and to be informed about the company's performance and strategy.

Motion

A formal proposal put to a meeting or court for a decision to be made.