Which Statement Best Describes the European Peasantry in the Eighteenth

question 84

Multiple Choice

Which statement best describes the European peasantry in the eighteenth century?

• A)The peasantry comprised nearly half of Europe's population.
• B)Peasants were free from serfdom in all countries by 1789.
• C)Peasants often owed extensive compulsory services to aristocratic landowners.
• D)Peasants benefited the most in southern Italy and eastern Germany.
• E)The peasantry disappeared in England because of the Industrial Revolution.

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Definitions:

Net Income

The remaining profit after deducting all operating expenses, taxes, and additional costs from the total revenue.

Indirect Method

The indirect method is a way of calculating cash flows from operating activities by starting with net income and adjusting for non-cash transactions.

Indirect Method

A way of reporting net cash flow from operating activities by starting with net income and adjusting for changes in balance sheet items.

Direct Method

A accounting approach for creating the cash flow statement, which lists major classes of gross cash receipts and payments.