What Is True About the Relationship Between the Creoles and the Peninsulares

question 41

Multiple Choice

What is true about the relationship between the Creoles and the peninsulares in Latin America in the late eighteenth and early nineteenth centuries?

• A) The Creoles resented the economic and political dominance of the peninsulares.
• B) The two groups joined forces against the Indians and mestizos.
• C) Both competed for favors from Spain.
• D) The peninsulares tried to woo the Creoles into an alliance.

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Definitions:

Prices

The amount of money required to purchase goods or services, representing the value placed on those items.

Wages

Payments made to employees for their labor, typically calculated on an hourly, daily, or piece rate basis, as compensation for work performed.

Recognition Lag

The time delay between when an economic problem or trend occurs and when it is recognized by policymakers or economists.

Recession

A period of significant decline in economic activity across the economy, lasting more than a few months, typically visible in GDP, income, employment, and trade.