The Typical Plantation Belt Yeoman Aspired to

question 62

Multiple Choice

The typical plantation belt yeoman aspired to

• A) overthrow slavery.
• B) move up to the planter class.
• C) leave the farm and open a shop in town.
• D) earn an education.

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Definitions:

Total Spending

The aggregate amount of money spent by households, businesses, and the government on goods and services within a certain period.

Invention

The conception of a new product or process combined with the first proof that it will work.

Innovation

The process and outcome of creating something new or improved, including products, services, processes, or business models, that adds value.

Marginal Cost

The expense for creating a supplementary unit of a product or service.