All of the Following Led to an Increase in Free

question 11

Multiple Choice

All of the following led to an increase in free time for contemporary adolescents, except:

• A) organized youth movements.
• B) compulsory schooling.
• C) improved economics after World War II.
• D) adolescents gained more autonomy and became consumers with plenty of discretionary income.

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Definitions:

Contributed Capital

Contributed Capital, also known as paid-in capital, refers to the amount of money raised by a company through the sale of its equity shares.

Premium on Common Stock

The amount by which the sale price of a share of common stock exceeds its par value.

Organization Expense

Costs incurred in the creation and organization of a corporation, such as legal fees, that may be amortized over time.

Stock Warrant

A financial instrument that gives the holder the right, but not the obligation, to buy a company's stock at a specific price before a certain date.