The Movement in U

question 114

Multiple Choice

The movement in U.S.population from the farms to urban areas was caused primarily by

• A)each member of a farm family specializing in a particular set of tasks
• B)a sharp increase in farm productivity
• C)a decline in the demand for labor in urban areas
• D)a sharp decline in the demand for agricultural products
• E)increased education among married women

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Definitions:

Notes Payable

A financial obligation represented by a written promise to pay a certain amount on a specific future date or dates, typically encompassing loans or credit extended by one party to another.

Contra Account

An account that is used to offset another account on the balance sheet, such as accumulated depreciation for fixed assets.

Legal Liability

The responsibility imposed by law to compensate for or rectify any harm, loss, or damage one's actions or decisions have caused to others.

Sales Taxes

These are taxes imposed by governments on the sale of goods and services.