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The Maryland Toleration Act is a historical document, founded on April 21, 1649, in the current state of Maryland, USA. The Act legally established religious freedom, but only among Christians. Thus, according to the regulations, it was possible to believe in any unit of the Christian religion. It was forbidden...
City bonds are usually called municipal bonds (or munis) and they are issued when a city government needs to finance new projects for public purposes such as schools, highways, or hospitals. Explanation: Before answering the question of why a city would issue bonds, it is necessary to answer the question...
There are six main points why the League of Nations failed: the lack of power resources; inefficient structural organization of the League; non-participation of the US; the economic crisis resulting from the Great Depression; the secession of the main participants from the organization; the lack of trust from member states....
The Triple Alliance was composed of Germany, Austria-Hungary, and Italy. The three countries formed a treaty that ultimately contributed to the start of World War I. Explanation: Signed on May 20, 1882, the Triple Alliance was a secret agreement between Germany, Austria-Hungary, and Italy, which were also known as the...
In short, yes and no. There are indeed many different deities in the faith of Hinduism, and each God performs its function in this world. However, Hinduism believes that all of these deities are merely a representation (avatar) of one and the most famous God Brahman. Explanation: Hinduism religion has...
A Roman general was responsible for military activities, such as leading troops into battle and ensuring the expansion of the Roman Republic. A general would remind his soldiers that they were being closely watched, and that their bravery would be rewarded and their cowardice punished. A commander received various benefits...
The California Bear Flag Republic existed for two weeks, numbered only about two hundred citizens, and did not have any civilian government. Explanation: To determine Bear Flag Republic definition, it is necessary to turn back to this historical epoch when the collapse of the Mexican state occurred in 1846. At...
Protectorate is a country that is mainly governed and defended by a more powerful country that serves as the protector. Explanation: Protectorate is a state or a territory that is partly administered by a stronger state but is autonomous in internal politics. Hence, it does not imply the possession of...
The Treaty of Ghent concluded on the 24th of December 1814 had completed the War of 1812 between the United States and the United Kingdom of Great Britain and Ireland. The agreement restored relations between the two countries to the status quo — that is, it restored the borders of...
“Giovanni Arnolfini and his bride” or “Portrait of the Arnolfini” is a masterpiece written by Jan van Eyck in 1434. The painting represents the best and most challenging artwork of the Northern Renaissance Western School. While most experts indicate that Arnolfini and his bride are depicted, some suggest that they...
In relation to US history, nullification definition implies a state’s right to refuse to recognize Congressional law. Explanation: The right of nullification is based on the theory that the United States is the result of an interstate treaty, and they have the right not to comply with federal laws if...
One of the most controversial acts of its time, the Maysville Road veto, occurred on May 27, 1830. United States President Andrew Jackson vetoed a bill that allowed the federal government to purchase stocks from Maysville, Washington, Paris, and Lexington Turnpike Road Company. Explanation: The building of this road was...
The average daily balance is a term and method used by banking companies to calculate interest. The average daily balance method is used to calculate the amount of interest on a credit card payment, taking into account the client’s balance on every day of the billing cycle. The average daily balance...
Cross-docking and inventory management are the elements of logistics. Cross-docking means that little or no time is spent on the storage of materials being supplied from the manufacturer to the buyer. Inventory management is the systematic approach to ordering, storing, and using a company’s inventory. As a system, logistics also...
A bond payable is a debt paper, according to which an issuer must return to the investor the value containing the face amount, par amount, or maturity amount of the bond and the percentage for using the funds (interest) within the agreed period. This account typically appears within the long-term...
The correct answer is 1) creating subcommittees to deal with inequality. Explanation: The National Organization for Women is an American organization for women’s rights established in 1966. Its founders – Betty Friedan, Pauli Murray, and 47 more people – saw fighting discrimination, ensuring women’s access to public places, being able...
A (both worked to create the first atomic bombs for the USSR) is correct. Explanation: Julius and Ethel Rosenberg were a couple that was arrested and found blameworthy of espionage for the Soviet Union during the second Red Scare. Their role as spies was to help the USSR acquire enough...
It removes H2O from the atmosphere during glycolysis. Explanation: Cellular respiration is a process used by aerobes to process food by combining it with oxygen and diverting the resulting energy via the mitochondria. It is then stored using adenosine triphosphate (ATP), which fuels other processes. Glycolysis is the first step...
Medical training in the United States before the Civil War usually lasted for two years or less. During the training, the doctors-to–be would receive no practical clinical experience, and no laboratory instructions. At the start of the Civil War, the US Army medical staff was made up of a surgeon...
Bipedalism is a very important peculiarity of a human being, which helped it to obtain its modern image. It is such a form of motion when an organism moves with the help of two legs. It is a very significant change for an organism. Each part of its structure is...
The first element of arrest warrants that satisfy the Fourth Amendment warrant clause requires that the warrant must be supported by probable cause, not reasonable suspicion. This means that several legal standards must be satisfied. Second, specific details must be provided concerning the person, the place, and the materials to...
Although the amount of analysis and planning involved in retail product management might appear vast, retailers should not underestimate the effects of consumer’s tastes on their sales turnover. Due to increased competition and development of interrelated products in the modern market, retailers have to increasingly focus on retail design as...
A brand is considered as an aggregation of emotions and functions association of a certain product or service. It acts as a customer’s assurance that the product or service to be purchased will perform as anticipated. Brands are very important aspects of the business as they greatly influence the sale...
Allowance for uncollectible accounts is a method of tracking and writing off the receivables that the clients will not pay. It creates a separate allowance for the revenue that the company suspects it will not receive in the future. The uncollectible accounts are written off from that allowance, rather than...
Generally, the credit card issuer indicates the monthly payment due date on which the cardholder is supposed to make the payment. The payment should include both the principal and interest on the debt, and the payment should be made in full. In the event of non-payment or late payment, the...
Capital intensity ratio is an indicator that determines the rate of fixed capital (fixed production assets) to net income, profit, or to the value of manufactured products. Explanation: Capital intensity shows the amount of capital of an enterprise, firm, which accounts for one unit of the annual volume of production...
Massachusetts Government Act was the law adopted by the UK Parliament in 1774 went down in history together with other laws that are called “unbearable.” It was adopted on 20 May, 1774, acquired full power with the July 1, 1774. Explanation: Government Act of Massachusetts canceled the election of councilors...
GDP, or Gross Domestic Product, is one of the essential indicators determining the country’s economic health. The GPD is divided into two different types: real GDP and nominal GDP. For a better understanding of the global economy, it is necessary that one understands how both types are calculated and used....
A factor of production in economics is a resource that is used in the process of production of goods and services. There are various factors of production, namely, land, labor, entrepreneurship, and capital. Goods and services cannot be factors of production in business as they represent the eventual result of...
John Roebling is an outstanding civil engineer who was born in Germany and earned fame in the United States. His primary invention is a steel wire rope, and it allowed Roebling to create his industrial complex. Its production allowed him to realize his other passion –Â suspension bridges. His most famous...
The consideration clause of an insurance contract includes the amount of insurance payments that the company must pay to the client in the event of an insured event. Such moment implies not only the death of the client, but may also include the onset of illness, injury or psychological disorders....
Herbert Hoover won the 1928 election and became the 31st President of the United States of America. Hoover’s key factors to winning represent his innovative ideas about the progressive view on the country’s economic growth and support for the less fortunate. Americans were equally impressed by Hoover’s humanitarian work conducted...
Institutional discrimination definition is the discrimination by a large group, society, organization or social institution against members of a minority. Institutional discrimination may take place in the educational system, in commercial and production organizations, in the legal and judicial system, etc. Quite often there are cases of institutional discrimination in...
The Roosevelt Corollary to the Monroe Doctrine called for the United States to act as an international police power in any conflicts that might occur between European Countries and countries of the Western Hemisphere. Explanation: It was seen by Theodore Roosevelt as a logical sequel to the Monroe Doctrine, which...
Bonanza, a rare luck, a sudden happiness, fell to those who became owners of fertile land in the Red River valley. This was the name given to the farms that flourished in this area at the turn of the 19th and 20th centuries. The agrarian bonanza became a milestone in...
Necessary and Proper Clause definition (or elastic clause) is one of the most significant and powerful clauses in the US Constitution. This clause enables Congress to issue the laws that are needed for the performance of its duties established by the Constitution. In other words, the necessary and proper clause...
The theory of processing levels is a concept developed in cognitive psychology in which the amount of memorization is associated with a particular level of information processing. The prolonged and qualitative memorization depends on the depth of the processing level. Explanation: The levels of processing theory were developed by Fergus...
Representatives of the House are elected every two years, or every even year, as well as senators. Such an election procedure ensures the composition of the government, which understands the current needs of the population and can to respond to them appropriately. Explanation: There is a defined answer to the...
Correct answer is: the personal ownership of property. Explanation: Command economy can be identified as the system in which the government makes all decisions related to the economy. For instance, the types of produced goods, their volume, and level are under the government’s regulation. The goal of a command economy...
Correct answer: Statement B (Sitcoms reinforced traditional roles for men and women). Explanation: Sitcom or situational comedy refers to a genre of comedy that involves the same characters in a series of episodes. In the United States, family sitcoms appeared in the early 1950s with the emergence of first soap...
The main goal of Winston Churchill’s speech was to lift the morale of British people who were struggling with despair at the time when Germany defeated the French troops. Moreover, it was necessary to show why the country had to fight against the Third Reich. Churchill tried to achieve this...
Different organizations apply diverse benefit objectives to measure the success of any commerce initiative. Most business organizations apply customer acquisition and value capture methods. Additionally, “client loyalty and retention” measures have also been applied. Customer acquisition may be monitored in many ways. These include new clients obtained, the proportion of...
Angelo Maggio is a fun character who becomes friends with Prewitt. Maggio is also a luckless character who loves liquor and most of the time he is drunk. He seems not to take his role as a private in the military as seriously as he ought to, maybe he joined...
Fluctuations in demand are inevitable when dealing with any kind of product, since, no matter how essential the given product could be. There will always be competitors, oversaturation of the market with the given product, or any other issue that will finally lead to demand rates swinging from high to...
Health clubs charged a fee for joining and for a monthly subscription. The industry received about $ 800 per member annually, but this index varied significantly in the country. The club members usually had to subscribe for a minimum of one year. 66 % of members renewed the subscription. Clubs...
Christianity, as a religion, originated from the teachings of Jesus, a son of a carpenter. The timeline of the expansion of Christianity throughout the world started in the 1st century AD, after the death of Jesus. This religion was spread by Jesus’ disciples, emperors, nuns, and monks around the Mediterranean...
The return on common stockholders’ equity is calculated by dividing the organization’s net income minus preferred equity by common stockholders’ equity and multiplying by 100%. The number will show the percentage of assets that the owners returned after their investment. Explanation: The return on common shareholders’ equity is aimed to...
Long term assets are the company’s assets, which are not expected to be used up in one year (or one operational cycle if it is longer than a year). They are also not intended to be resold to customers or quickly converted to cash. Explanation: A given company can have...
The Connecticut compromise, approved on July 16, 1787, was a legislative agreement concerning the number of seats and legal representation of the US states in both the US Senate and the House of Representatives. Explanation: After the Declaration of Independence of the United States in 1776, a lot of legal...
The Compromise of 1877 is defined as an informal agreement between Southern Democrats and allies of Rutherford Hayes, the Republican Party candidate. Also known as the Great Betrayal or the Corrupt Bargain, the Compromise of 1877 aimed to settle the results of the 1876 presidential election and marked the end...
A senatorial courtesy definition example is a political custom that is frequently used by the US President in the intention to consult a Senator while nominating a person for a federal position within a particular state. Explanation: The United States of America is a country with a strong political system...
During the Civil War, the Border States that included Kentucky, Delaware, Missouri, Maryland, and West Virginia were the slave states that didn’t leave the Union. They played a rather important role in the Union’s victory as they gave the advantage in money, factories, and troops. Explanation: The American Civil War...
A market risk premium formula is calculated by deducting a risk-free rate of return from the expected risk of return or from the market rate return. It is used by investors to determine the level of risk against risk-free investment. Explanation: The investors want to balance the risk with the...
The spoils system is the provision of posts and privileges of the winning party to supporters for services during the election. The Spoils system consists in the fact that the country’s winning president places all adherents in government positions. It is an efficient and effective system of power retention. Explanation:...
The reply of the Zaporozhian Cossacks is an insulting answer addressed to Mehmed IV, the Sultan of the Ottoman Empire, in response to his order to stop attacking the Sublime Porte and surrender. Explanation: The Zaporozhian Cossacks are the part of the Cossacks of the Dnieper region (the territory of...
Price lining is a product differentiation strategy, which is defined by the company’s capabilities of producing lines of different products in order to appease every segment of the market, ensuring greater exposure and the potential to claim market share. Explanation: While small companies can be content with creating a product...
The least helpful actions in the case of identity theft seem to be either doing nothing at all and hoping everything will get back to normal by itself or panicking mindlessly. Explanation: Identity theft is a crime that has become utterly widespread nowadays (millions of people become victims yearly). Precisely...
Certificate of deposit usually has low liquidity due to the practice of money withdrawal associated with it. Explanation: A certificate of deposit (CD) is a security certifying the existence of a deposit account with a bank. How does a certificate of deposit work? In practice, an account may not be...
Sovereign is an adjective that means that one has supreme power or sovereignty. It can also be used as a noun to denote a supreme ruler. Explanation: Sovereign was derived from the word soverain that was used in Old French. One of the meanings it had was “above”, which is...
In general, the concept of civic virtue refers to a person’s devotion to making contributions to society’s success and the set of habits and attitudes to be harvested and appreciated in citizens to strengthen communities. Explanation: Civic virtue belongs to the critical philosophic ideas linked with the understanding of things...
The correct answer is fulfilling many needs and wants of society. Explanation: By definition, a factor of production is any resource that is used to produce a good or service. The economic theory acknowledges the general scarcity of resources and their uneven distribution between countries, regions, and local producers. Thus,...
B. Most states had passed some safety laws, but enforcement varied. Explanation: In 1900, the workplace safety laws and occupational health measures were not enforced, which led to very a poor working environment. Many workers received minimum wage but were exposed to very high health and safety risks. No training...
The First Bull Run started with a seemingly positive result for the Union. However, things took a sharp turn when the Confederates pushed harder than the Union expected. The success experienced by Confederates can be attributed to their intelligence gathering system. Communication was top notch during the First Bull Run...
One of the main ideas of the anthropological linguists which is not put under question is that languages are changing. Anthropological linguists in the contemporary world are sure that the languages are changing and the basis for these languages are the dialects and the languages of the communities which influence...
The mental processes in the identification of strangers are complex processes that demand more than basic memory of facts. However, three main mental processes account for mistakes in identifying strangers. These include acquisition, storage, and retrieval. Acquisition refers to the process of perceiving and collecting information. Several factors such as...
An incremental approach involves making small changes with time. The ultimate goal is to achieve significant changes by making small steps. An incremental approach in organizational change requires management to make small changes to ensure that all stakeholders get adapted to the new structures. The changes made by Brabeck-Letmathe were...
Although other modern forms of advertising have emerged, TV advertising is still vibrant in promoting goods and services in various targeted markets. Quite a large segment of the global population obtains information from Television sets. For instance, TV offers a ready platform for entertaining viewers who are spread across a...
The American Liberty League was founded in 1934 as an opposition to the forces of President Roosevelt. Its members demanded a review of the social and economic situation in the country, namely the cessation of preferential support for unemployment and the abolition of public works. Explanation: U.S. history knows many...
As the definition states, it is a method of separating the complex job tasks so that a worker focuses only on one production task or a specific job sector, developing specific skills instead of general ones. Explanation: In the past, “holistic” education was the main focus of many learning centers....
The economic system of the United States called a mixed economy. It is a combination of a market or capitalist economy and a planned economy. On the one hand, there is a free exchange of goods and services in a private market. On the other hand, some economic spheres are...
To find net sales, one should take gross sales and subtract the cost of sales returns, discounts, and allowances from it. It is useful that this significant measure can be calculated according to the simple formula below. Explanation: Net sales show how much a business has earned for selling goods...
This is a job that does not require much professional experience to perform. Typically, entry-level workers in medicine are students or people who have decided to retrain. The availability of entry-level healthcare administration jobs allows those who need it to achieve the necessary experience and to share the job duties...
Macroeconomics is best described as the study of the world’s economy as it considers and analyzes large-scale financial relations, general process and patterns of economic behaviour. Macroeconomics also studies the mechanisms of activity and interdependence of countries, regions, and large non-state actors in the global economy. Explanation: The entire science...
This is the type of state in which various nations, nationalities, historically formed in this ethnic territory live together. Explanation: When surfing the Internet, one can always come across such questions as “Is Indonesia a multinational state?”. To answer this question, it is crucial to understand what this concept implies....
The Anti-Comintern Pact means an agreement concluded first between Germany and Japan on November 25, 1936, and then between Italy, Germany, and Japan on November 6, 1937. It was targeted supposedly at stopping the spread of Communism around the world and against the Communist International (Comintern). However, the pact, in fact,...
The New England Colonies (or the Northern Colonies) included Massachusetts, Connecticut, New Hampshire, Rhode Island, Pennsylvania, New York, New Jersey, and Delaware and were inhabited by small proprietors who held to strict Puritanism. The people who settled in the New England Colonies were called “Pilgrims.” Explanation: Favorable conditions for the...
Grouped frequency distribution definition can be described as an indicator of how many times each variable value occurs in a set of grouped observations. The frequency distribution table is one of the easiest ways to present sociological observations. Explanation: The frequency distribution table consists of at least two columns, where...
It was historically significant because it was a victory for the workers. It was established by the supreme court that labor unions are not and can’t be forbidden and that workers can unionize to protect themselves. Explanation: To understand the significance of Commonwealth vs. Hunt, one should know what this...
The absorption income statement, also known as the traditional income statement, uses the prime cost calculation for preparing the profit and loss statement. This method of income statement examines costs by breaking them down into product and period costs. Explanation: The core format of absorption costing income statement demonstrates the...
Concise writing in terms of business signifies the clarity of the given ideas. It means that the plan or actions’ explanations are brief and precise without extra details. Explanation: When compiling a plan or a project company needs to remember to use shorter messages or ideas that would be better...
The marginal rate of technical substitution is the amount of capital that the manufacturer should refuse to use with an increase in labor costs per unit when old and new resources provide the same output. Explanation: The marginal rate of technical substitution (MRTS) shows the ratio of a change in...
Average accounts receivables are the average amount of trade receivables on hand during a reporting period. Average accounts receivable formula is found by adding extra data points of Accounts receivable (AR) balance and dividing by the number of all data points. Explanation: This term is closely tied to Accounts Receivable...
One billion typically has 9 zeros and is written as 1,000,000,000. Explanation: When you need to solve a math problem with large numbers, it is important to know the differences between million, billion, and trillion. One million, however, is one thousand times less than a billion, meaning that it only...
False. Explanation: Sexual harassment does not require that a sexual comment be made directly to a specific person. Sexual harassment has quite a broad definition that does include making direct sexual comments but is not limited to them. It means that this type of offense may entail both a verbal...
Joseph McCarthy gained public attention by claiming that communists and spies sent by the USSR had infiltrated the US government. Explanation: During the Cold War, there was a rise in propaganda against communism around the USA. The House Un-American Activities Committee, known as the HUAC, existed since 1938. Their principal...
Saving to buy a new house in seven years would be the best savings account investment to earn interest. Explanation: A savings account is one that pays interest but cannot be directly used for purchases or other exchanges. As such, when deciding to create such an account for some purpose,...
When comparing the wealth or living standards of a country with those of another country over a given period, economists normally utilize the Gross Domestic Product (GDP). GDP is a tool used to evaluate the value of goods and services produced in a given country. Economists have used the GDP...
Different peculiarities of fossils found in different periods of time can give researchers different evidence of the level of brain development and activity connected with it. Language is a result of brain activity and work of vocal apparatus, that is why it is possible to judge its development based on...
Marijuana should be legalized. The drug control policies have failed to prevent the use of marijuana in the country. This is based on the fact that a high percentage of the citizens are still able to access and use it despite its criminalization. Thus it will be better to focus...
Due to the world’s increasing reliance on image recognition, successful retailers in the modern world are heavily investing in the creation of an attractive brand image for their products. Retailers lack adequate time and resources to develop new brand names every time they open new establishments since most of them...
Figures 1, 2, and 3 show the different maps of strategic groups that outline the competition between the three main players in the video game industry. The 3rd generation video game consoles have been chosen to identify the main variables in the video console segment. According to the case study...
The answer to the question of what is the Lend Lease Act is explored through the historical context: it is the legal document regulating the process of renting military equipment and machinery to allied countries during World War II. The purpose of the Act was to document assistance to other...
The amount of money you can charge to a credit card is called a credit limit. Upon purchasing anything, the sum of purchase is added to the card’s balance, and the difference between a credit limit and current balance defines how much more one can spend using the card. Explanation:...
A definition of clientele might be formulated as “the clients or customers, as of a professional person or shop, considered collectively; a group or body of clients.” In the sphere of economics, it is a term directly connected to the clientele effect. Explanation: Different groups of investors-clients of the market...
The Justinian’s Code contains imperial constitutions, which are included in the codes of Gregorian and Theodosius and are still valid until Justinian, supplemented by later novels and modified according to the needs of the time. The Justinian’s Code consists of 12 books, books, in turn, consist of titles, titles are...
The most common social issues examples in society include bad habits, drug abuse, social stratification, racism, sexism, chauvinism, crime, bribery, and corruption. Explanation: With the development of humankind and under the influence of the latest technologies, new problems arise that people have not even thought about before. They accumulate and,...
The tertiary circular reactions definition in Piagetian theory is an infant’s action that creatively modifies former schemes to adapt to the requirements of new situations. Such reactions occur close to the end of the sensorimotor stage at about the beginning of the 2nd year. Explanation: The tertiary circular reactions vary...
It was the wife of the 11th President of the United States, James Polk, named Sarah Childress-Polk. Although she did not recognize it in life, most historians believe that the ban on slutty lifestyles, card games, and dancing at balls is directly related to the religiousness of women. Explanation: The...
The last representative of the Habsburg dynasty on the Spanish throne was born in Madrid in 1661. Charles II was the son of Philip IV of Spain and his second wife Mariana of Austria, who was his niece. Explanation: The Habsburg House was considered the most powerful dynasty in medieval...
The receivables turnover ratio is one of the financial indicators of business activity. It shows how much accounts receivable are turnover for the analyzed period. For accounts receivable turnover ratio calculation, you need figures from the balance sheet and the income statement (income statement). Explanation: Receivables turnover measures the speed...