The Loyalists Who Continued to Support the Crown After Independence

question 32

Multiple Choice

The Loyalists who continued to support the crown after independence had been declared were more likely to be all of the following except  

• A) well educated.
• B) from among the older generation.
• C) affiliated with the Anglican Church.
• D) from New England.
• E) wealthy.

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Definitions:

Investment

Investment involves allocating resources, usually money, with the expectation of generating an income or profit, including purchases of bonds, stocks, or real estate.

Interest Rate

The percentage at which interest is charged or paid by a lender to a borrower for the use of money.

Highly Educated

Refers to individuals who have received a high level of education, usually at least a university degree.

Stock

A form of security that indicates the holder has proportionate ownership in the issuing corporation.