By the 1720s, Which of the Following Was an Important

question 35

Multiple Choice

By the 1720s, which of the following was an important difference between northern and southern colonial societies?

• A) The economy of the southern colonies was based on diversified agriculture, whereas that of the northern colonies was based on the production of staple crops.
• B) The political institutions of the southern colonies were more representative of the masses than were those in the northern colonies.
• C) There was more economic opportunity for new arrivals in the southern colonies than in the northern colonies.
• D) The South had become a slave society, whereas the North was a society with slaves.

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Definitions:

Target Return-on-investment Pricing

is a pricing method where prices are set to achieve a specified return on investment (ROI) for product sales or projects.

Annual Target ROI

The desired return on investment set by a business for a specific fiscal year, guiding financial and operational decisions.

Specific Product Class

A distinct category or group of products that share common attributes or functionalities.

Customary Pricing

Pricing strategy based on traditional costs and prices within an industry or market, often influenced by standard practices and competition.