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Walt Disney Began Planning for Disneyland in the Early 1950s

Question 163

Multiple Choice

Walt Disney began planning for Disneyland in the early 1950s. When he began to consider how the amusement park would be funded


A) he decided to use the profits earned from his company's cartoons and motion pictures.
B) he had trouble raising the required funds. Eventually, he convinced a television network to fund the amusement park in exchange for providing a weekly television program.
C) he decided to borrow money from Hollywood banks. The banks quickly agreed to loan Disney the money because of Disney's reputation and previous success.
D) he had trouble raising the required funds from banks, so he decided to issue "Disney bonds." He had no trouble paying the interest and principal on the bonds with profits from Disneyland.

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