How Were the Spanish Successful in Creating a Centralized Political

question 24

Multiple Choice

How were the Spanish successful in creating a centralized political system in their American colonies?

• A)Through the extraordinary use of military power
• B)By installing Jesuits in important political positions
• C)By allowing large landowners to collect taxes from local peoples
• D)By placing viceroys, governors, and other royal officials in dominant positions
• E)By including locally-born Spaniards in the colonial governments

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Definitions:

Constant Growth

A model, often referred to as the Gordon Growth Model, that assumes a firm's dividends grow at a consistent rate indefinitely, used to evaluate the fair value of a stock.

Capital Gains Return

The profit realized from the sale of securities or investments which have increased in value over the time they were held.

Super-Normal Voting Rights

Voting rights that are greater than one vote per share, typically granted to certain class of shares to retain control in a company.

Preemptive Right

The right of existing shareholders to purchase additional shares in a company before the company offers them to the public, to maintain their proportionate ownership in the company.