How Did the New Massachusetts Charter of 1691 Change That

question 57

Multiple Choice

How did the new Massachusetts charter of 1691 change that colony's government?

• A) Puritans were required to permit religious tolerance of all Christian denominations.
• B) It eliminated town government, which had been the heart of Puritan control of the commonwealth.
• C) It made Massachusetts a royal colony rather than under the control of Puritan "saints."
• D) It required all judges to be Anglican, greatly reducing Puritan influence over the three branches of government.
• E) It moved the seat of government to Salem, which contributed greatly to the problems involving witchcraft.

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Definitions:

Average Rate of Return

A financial ratio that measures the profitability of an investment by dividing the average annual profit by the initial investment cost.

Cash Payback Period

The timeframe it takes for an investment to generate cash flows sufficient to recover the initial investment cost.

Time Value of Money Concept

A principle that the value of money is dependent on time, primarily due to the potential earning capacity of money over time.

Investment Rationing

Allocating scarce capital funds among various potential investments to achieve the best return, often under budget constraints.