A Major Reason for the Reduction in the Number of Slave

question 90

Multiple Choice

A major reason for the reduction in the number of slave owners in the South prior to the Civil War was __________.

• A) the rapidly increasing price of slaves
• B) an increasing mortality rate
• C) a rapid decline in slave birthrates
• D) the abolition of slave markets in the United States

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Definitions:

Cost Recovery

The process by which an entity regains the capital expenditure of an investment over time, through various methods such as depreciation, amortization, or depletion.

Payback Periods

The length of time required to recover the cost of an investment or project.

Net Cash Flows

The difference between a company's cash inflows and cash outflows during a specific period.

Straight-Line Depreciation

A method of calculating the depreciation of an asset, where the expense is evenly distributed over its useful life.