Which of the Following Was a Reason for the Rise

question 21

Multiple Choice

Which of the following was a reason for the rise of chattel slavery in the Mediterranean city-states after 500 BCE?

• A) Individuals voluntarily became slaves for a specified time as an act of religious devotion.
• B) The inhabitants of frontier communities in the north militarily overwhelmed the city-states, creating a new volume of slaves.
• C) The explosion of money-based market economies led to an ethos in which everything, even human beings, acquired a monetary value.
• D) Following an economic collapse, many people were so impoverished that they sold themselves into slavery to pay their debts.

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Definitions:

Extended Period

A term used to denote a longer than usual time frame in various contexts, such as payment terms, investment durations, or accounting cycles.

Long-term Note

A debt security that requires repayment of the principal, along with interest, over a period longer than one year, typically used for significant capital expenditures or investments.

Discount On Notes Payable

The difference between the face value of a note and what is actually paid, which occurs when the note is issued for less than its nominal value.

Unearned Revenue

Funds a company acquires for products or services that are still to be provided or executed.