____ Decreed That Only Eldest Sons Were Eligible to Inherit

question 50

Multiple Choice

____ decreed that only eldest sons were eligible to inherit landed estates.

• A) The ancestry laws
• B) The laws of primogeniture
• C) joint-stock companies
• D) laws of inheritance
• E) treaty of the elders

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Definitions:

Taxing

Is the act of imposing charges on individuals or corporations by government entities to raise revenue for public expenditures.

Spending

The act of using money to purchase goods or services, a fundamental economic activity influencing economic growth and inflation.

Private Property Rights

An owner’s right to use, rent, or sell resources or property.

Natural Monopolies

Industries where a single firm can provide a good or service at a lower cost than any potential competitor, often due to high infrastructure or barrier to entry costs.