One of the Following Statements Is False

question 43

Multiple Choice

One of the following statements is false. Which is it?

• A) Regions sparsely populated in the 1500s, such as the United States, were poorer then than Africa.
• B) Regions densely populated and relatively rich prior to colonization were prime locations for neo-Europe-style colonization.
• C) Extractive states evolved with institutions unfavorable to productive economic activity.
• D) Colonization that became known as Neo-Europe was relatively poor and sparsely populated prior to colonization.
• E) The spread of nineteenth century industrial technology favored societies with production-friendly institutions.

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Definitions:

Rafts

Platforms or structures made of buoyant materials, often wood, used for transport or as a floating base.

Main Purpose Rule

A legal principle stating that if the main purpose of a transaction is to benefit the guarantor, then a written agreement isn't necessary to enforce the guaranty.

Debt

An amount of money borrowed by one party from another, with the condition that it is to be paid back, often with interest.

Enforceable

A legal term referring to a contract or agreement that is recognized by law and can be upheld in a court of law.