Which Distinguishing Feature of Calvinism Contributed to the Rise of Capitalism

question 82

Multiple Choice

Which distinguishing feature of Calvinism contributed to the rise of capitalism?

• A) the belief that money is the root of all evil
• B) the belief that man was naturally sinful
• C) the belief that heaven was a myth and there was no hereafter
• D) the belief that people were destined before birth for either heaven or hell

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Definitions:

Straight-Line Depreciation

Straight-line depreciation is a method of allocating the cost of a tangible asset over its useful life in equal installments.

Present Value Interest Factors

A factor used to calculate the present value of a single future payment or a series of future payments, based on a specific interest rate and time period.

Guaranteed Residual Value

The predetermined value of a leased asset at the end of the lease term, often guaranteed by the lessee or a third party.

Maintenance Agreement

A contract between a service provider and a client for the ongoing maintenance and repair of equipment or property.