Why Were Elite Iberian-Americans Initially Reluctant to Embrace the Idea

question 2

Multiple Choice

Why were elite Iberian-Americans initially reluctant to embrace the idea of independence?

• A) They feared that it might generate revolts among slaves or Amerindians.
• B) They feared that cooperation among the various colonies of the Spanish empire would undermine their positions of wealth and power.
• C) They feared that without a strong monarchy, the Catholic Church would gain too much influence.
• D) They feared that independence would lead peninsulares to return to Europe.

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Definitions:

Tolerance for Risk

is the degree to which an individual, investor, or organization is willing to endure uncertainty and potential losses in pursuit of potential gains.

Total Payments

The sum amount of money transferred from one party to another, often referring to the complete payables in transactions, loans, or settlements.

Entrepreneur

An individual who starts and runs a business, assuming the risks and rewards associated with the venture, often innovating and driving economic growth.

Highly Valued Uses

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