In the South, the Paternalist Ethos

question 111

Multiple Choice

In the South, the paternalist ethos

• A) reflected the hierarchical society in which the planter took responsibility for the lives of those around him.
• B) declined after the War of 1812 as southern society became more centered on market relations rather than on personal relations.
• C) suffered because southern slaveholders lived among their slaves, so that the groups' constant exposure to each other made southern slavery more openly violent than elsewhere.
• D) brought southern society closer to northern ideals.
• E) encouraged southern women to become more active and better educated so that they could help their husbands in their paternal roles.

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Definitions:

Equity Method

An accounting technique used to record investments in other companies, where the investment is initially recorded at cost and adjusted thereafter for the investor's share of the investee's profits or losses.

Operating Cycle

The operating cycle is the duration of time it takes for a company to purchase inventory, sell it to customers, and collect the cash from the sales, reflecting how quickly a company can convert its products into cash.

Readily Marketable

Assets that are considered readily marketable are those that can easily be converted into cash because there is a high demand and an active market for them.

Short-Term Investments

Financial assets that are expected to be converted into cash or sold within a year.