The Most Important Export Crops of the American Colonial Period

question 3

Multiple Choice

The most important export crops of the American colonial period were __________.

• A) sugar, rice, and tobacco
• B) indigo, sugar, and sorghum
• C) cotton, tobacco, and rice
• D) tobacco, rice, and indigo

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Definitions:

Paid-in Capital

The amount of money that a company receives from selling its stock directly to investors, above the par value of the shares.

Real Estate Transactions

Deals involving the sale, purchase, or exchange of property between parties.

Cash Dividends

Payments made by a company to its shareholders from its profits or reserves.

Date of Record

The date of record is a cut-off date set by a corporation to determine which shareholders are eligible to receive a dividend or distribution.