Less than 2 percent of today's U.S. labor force works in agriculture.
Indicate whether the statement is true or false
Question 2Which of these is correct concerning a family corporation?
A) The corporation must be non-profit
B) The family owns stock, but non-family members serve as management
C) Family members are the stockholders
D) Family corporations are more stable than managerial corporations
Question 3The race to the bottom refers to
A) The decline in quality of goods produced by many companies
B) The decline in profits experienced by many companies during the economic crisis of 2008-10
C) The drop of business ethics, correlating with a rise in white collar crime.
D) Manufacturers outsourcing work to the location where they can pay the lowest possible wages
Question 4President Roosevelt's New Deal included
A) Minimum Wage, Social Security, Stock Market Regulation, and Bank Deposit Insurance
B) Food stamps, Temporary Assistance to Needy Families (TANF), WIC (Women with Infants and Children), and Unemployment Compensation
C) Limits on Malpractice Awards, Global Outsourcing, EPA (Environmental Protection Agency), and Affirmative Action
D) NAFTA (North American Free Trade Agreement), Social Security, EPA, and Food Stamps
Question 5The world's largest employer is
A) General Motors
B) Wal-Mart
C) Google
D) McDonald's
Question 6As the United States developed through the middle of the 1800's
A) Most industries were located in the Northeast, while the South remained rural and agricultural.
B) The Northeast lagged behind the South, which had more industries.
C) Industry and agriculture were fairly evenly distributed around the country.
D) The Northeast was more rural and agricultural than the South.
Question 7Using __________ contributed to the accessibility of automobiles for the majority of Americans.
A) An assembly line
B) Time management techniques
C) A steam engine
D) The concept of advertising
Question 8The concept state capitalism refers all productive enterprises in a country being owned by the government.
Indicate whether the statement is true or false
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