Why Did African Americans Prefer Sharecropping to Wage Labor

question 6

Multiple Choice

Why did African Americans prefer sharecropping to wage labor?

• A) Sharecropping placed blacks on equal footing with whites.
• B) Most black sharecroppers became very wealthy.
• C) White landlords provided black sharecroppers with housing for life.
• D) Sharecropping freed blacks from the day-to-day supervision of whites.

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Definitions:

Net Operating Income

The total revenue from a business's operations minus its operating expenses, excluding taxes and interest.

Operating Loss

A situation where a company's operating expenses exceed its gross profits, indicating a negative profitability from business operations.

Year 2

Refers to the second year of a specific period, often used in the context of financial and performance analysis over time.

Absorption Costing

A method in accounting that adds all the manufacturing-related expenses like direct materials, direct labor, and all types of overhead (both variable and fixed) to the cost of a product.