Answer:The interwar period in the United States, and in the rest of the world, is a most interesting era. The decade of the 1930s marks the most severe depression in our history and ushered in sweeping changes in the role of government. Economists and historians have rightly given much attention to that decade. However, with all of this concern about the growing and developing role of government in economic activity in the 1930s, the decade of the 1920s often tends to get overlooked. This is unfortunate because the 1920s are a period of vigorous, vital economic growth. It marks the first truly modern decade and dramatic economic developments are found in those years. There is a rapid adoption of the automobile to the detriment of passenger rail travel. Though suburbs had been growing since the late nineteenth century their growth had been tied to rail or trolley access and this was limited to the largest cities. The flexibility of car access changed this and the growth of suburbs began to accelerate. The demands of trucks and cars led to a rapid growth in the construction of all-weather surfaced roads to facilitate their movement. The rapidly expanding electric utility networks led to new consumer appliances and new types of lighting and heating for homes and businesses. The introduction of the radio, radio stations, and commercial radio networks began to break up rural isolation, as did the expansion of local and long-distance telephone communications. Recreational activities such as traveling, going to movies, and professional sports became major businesses. The period saw major innovations in business organization and manufacturing technology. The Federal Reserve System first tested its powers and the United States moved to a dominant position in international trade and global business. These things make the 1920s a period of considerable importance independent of what happened in the 1930s.
Explanation:
Effects of Mergers. When two or more companies merge, the resulting company has more resources than either of the original companies had alone. Because of its increased resources, it can often lower the prices of its goods and services, which, in turn, attracts more customers.
In order to meet legal and financial regulations, businesses must: A. report their revenue and earnings to the government.
<h3>What is GAAP?</h3>
GAAP is an abbreviation for Generally Accepted Accounting Principles and it comprises the financial accounting standards, procedures and principles that must be used by all public institutions that are operating in the United States of America.
<h3>What is IFRS?</h3>
IFRS is an acronym for International Financial Reporting Standards, it comprises of a set of accounting standards or rules issued by the International Accounting Standards Board (IASB).
This ultimately implies that, the International Financial Reporting Standards ensures that statement of income, when reported by accountants is consistent, transparent and comparable globally.
In this context, we can reasonably and logically deduce that businesses must report their revenue and earnings to the government in order to meet legal and financial regulations.
Read more on GAAP here: brainly.com/question/16014008
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Complete Question:
What must businesses do in order to meet legal and financial regulations?
report their revenue and earnings to the government
disclose information about sales with the media
report details of advertising revenue to managers
disclose product details to the competition
<span>Federal and state
have a nice day!
:D</span>
