In life insurance lingo, the beneficiary is the person who is given the financial protection upon the death of the insured person.
The opportunity cost is the value of the next best alternative foregone. Every decision necessarily means giving up other options, which all have a value. The opportunity cost is the value one could have derived from using the same resources another way, though this is not always easily quantifiable.
Answer: The early years of the twentieth century were a time of movement for many black Americans. Traditionally, most blacks lived in the Southeastern states. But in the nineteen twenties, many blacks moved to cities in the North.
Black Americans moved because living conditions were so poor in the rural areas of the Southeast. But many of them discovered that life was also hard in the colder Northern cities. Jobs often were hard to find. Housing was poor. And whites sometimes acted brutally against them.
The life of black Americans forms a special piece of the history of the nineteen twenties. That will be our story today.
The years just before and after nineteen twenty were difficult for blacks. It was a time of racial hatred. Many whites joined the Ku Klux Klan organization. The Klan often terrorized blacks. Klan members sometimes burned fiery crosses in front of the houses of black families. And they sometimes beat and murdered blacks.
The Ku Klux Klan also acted against Roman Catholics, Jews.
Explanation: