Which of the Following Is False

question 37

Multiple Choice

Which of the following is false?

• A)The completion of the national railroad network by 1890 led to the development of a national American market rather than just a series of smaller regional markets.
• B)Northern manufacturers benefited from high protective tariffs,which kept out cheaper British goods.
• C)The U.S.was the first mass-consumption society.
• D)Aside from slavery,southern and northern agriculture were very similar.

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Definitions:

Fraud Triangle

A model explaining the factors that cause an individual to commit fraud, including pressure, opportunity, and rationalization.

Opportunity

A set of circumstances that makes it possible to do something, especially in terms of making business decisions or investments that could lead to profit.

Net Income

The total profit of a company after all expenses, including taxes and operating costs, have been subtracted from revenue.

Earnings

The amount of profit that a company generates during a specific period, often reported as net income.