Most of the Rewards Received by the Spanish Colonists for Their

question 2

Multiple Choice

Most of the rewards received by the Spanish colonists for their conquests consisted of

• A) gold and silver.
• B) vast extensions of land.
• C) Indian workers entrusted to them for labor.
• D) public offices, a source of great power and prestige.

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Definitions:

Opportunity Costs

The cost of the next best alternative foregone as a result of making a decision.

Scarce Resources

Essential goods and services that are limited in supply relative to demand, necessitating allocation and economical usage.

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Constitutional Amendment

A formal change or addition proposed or made to a constitution, modifying its existing provisions or adding new ones.