Why Was the Divine Right of Kings an Effective Means

question 90

Essay

Why was the divine right of kings an effective means of maintaining the class differences between nobles and peasants?

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Definitions:

Carrying Value

The book value of an asset or liability, calculated as the original cost minus accumulated depreciation, amortization, or impairment costs.

Current Tax Liability

The amount of taxes due to be paid to the taxing authorities within the next financial period, typically within one year.

Accounting Profit

The difference between accounting revenues earned and accounting expenses incurred.

Depreciation

An accounting method of allocating the cost of a tangible asset over its useful life.