What Impact Did Emancipation Have on the South

question 1

Multiple Choice

What impact did emancipation have on the South?

• A) It ended cotton cultivation throughout the region.
• B) It left the South's agricultural economy in disarray.
• C) It resulted in the immediate rebound of tobacco production.
• D) It eliminated racial prejudice in many states.
• E) It encouraged reconciliation with the North.

---

Definitions:

Capital Allocation Line

A graph showing all possible combinations of risk-free assets and a portfolio of risky assets, illustrating optimal portfolios based on expected return and risk.

Expected Rate of Return

The expected rate of return is the anticipated percentage increase or decrease in an investment over a specified time period.

Capital Allocation Line

A graph showing all possible combinations of risky and risk-free assets for an investor, representing different levels of expected risk and return.

Expected Utility

A theory in economics that assesses how choices provide a certain level of satisfaction or utility to individuals, under conditions of uncertainty.