Use the Following to Answer Questions

question 79

Multiple Choice

Use the following to answer questions:
-palm oil

• A)A West African tropical product often used to make soap; the British encouraged its cultivation as an alternative to the slave trade.
• B)Religious war waged by Muslim scholars and religious leaders against both animist rulers and Islamic states that they deemed corrupt.
• C)Founded in 1809 by Uthman dan Fodio, this African state was based on Islamic history and law.
• D)A meeting of European leaders held in 1884-1885 to lay down basic rules for imperialist competition in sub-Saharan Africa.
• E)An autonomous state or territory partly controlled and protected by a stronger outside power.
• F)Descendants of the Dutch settlers in the Cape Colony in southern Africa.
• G)The late-nineteenth-century drive by European countries to create vast political empires abroad.
• H)An agent that proved effective in controlling attacks of malaria, which had previously decimated Europeans in the tropics.
• I)The idea that Europeans could and should civilize more primitive nonwhite peoples and that imperialism would eventually provide nonwhites with modern achievements and higher standards of living.
• J)A set of radical reforms designed to remake the Ottoman Empire on a western European model.
• K)Fervent patriots who seized power in the revolution of 1908, forcing the conservative sultan to implement reforms; they helped pave the way for the birth of modern secular Turkey.
• L)The mass movement of people from Europe in the nineteenth century; one reason that the West's impact on the world was so powerful and complex.
• M)The movement of peoples in which one strong individual blazes the way and others follow.
• N)Discriminatory laws built by Americans and Australians to keep Asians from settling in their countries in the 1880s.

---

Definitions:

Fixed Assets

Long-term tangible assets that are used in the operations of a business and are not expected to be consumed or converted into cash within a year.

Default Risk

The risk that a borrower will not pay the interest and/or principal on a loan as it becomes due. If the issuer defaults, investors receive less than the promised return on the bond. Default risk is influenced by both the financial strength of the issuer and the terms of the bond contract, especially whether collateral has been pledged.

Interest Rate Risk

Arises from the fact that bond prices decline when interest rates rise. Under these circumstances, selling a bond prior to maturity will result in a capital loss; the longer the term to maturity, the larger the loss.

Real Return Bonds

Bonds issued by the federal government that offer inflation protection to investors.