The Bourbon and Pombaline Reforms Were Implemented to

question 22

Multiple Choice

The Bourbon and Pombaline reforms were implemented to

• A) increase taxes.
• B) give the locals important administration offices.
• C) loosen military control over the colonies.
• D) increase investments to revamp the mining business.

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Definitions:

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, used in finance to quantify the risk of an investment.

Unsystematic Risk

A type of risk that affects a very specific group of securities or an individual security and can be mitigated through diversification.

Business-Specific Risk

Also known as unsystematic risk, it refers to the risk associated with a specific sector or company.

Diversified Portfolio

An investment strategy that involves spreading investments across various asset classes to reduce risk.