________ Societies Were the First to Create a Sustained Economic

question 47

Short Answer

________ societies were the first to create a sustained economic surplus, which in turn gave rise to the issue of who would have access to the surplus, an issue that remains with us today.

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Definitions:

Dividends

Distributions of a portion of a company's earnings, decided by the board of directors, to a class of its shareholders.

Journal Entries

Recorded transactions in the accounting system that show the effects of financial events on the accounts of a company.

Investment Account

An account held at a financial institution that contains securities, cash, and other investment vehicles.

Related Income

Income that arises from transactions or relationships between entities that have a special connection or are part of the same group.