What Typically Happened to Profits Generated by Ranches and Plantations

question 41

Multiple Choice

What typically happened to profits generated by ranches and plantations in the early extraction phase of Middle and South America's history?

• A) They flowed out of the country to foreign owners.
• B) They were depleted by annual recurrences of various types of natural disasters.
• C) They accumulated in local banks to allow governments to avoid imposing taxes.
• D) They were used to fund massive social programs, such as schools and public housing.

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Definitions:

Terminating Decimal

A decimal featuring a specific, countable number of digits beyond the decimal point.

Five-Figure Accuracy

The precision or exactness of a numerical value up to five digits.

Nearest Dollar

Rounding a monetary amount to the closest whole dollar value.

Four-Figure Accuracy

Refers to the level of precision in a numerical value, rounded to four significant digits.