What Was the Name of the System Under Which European

question 42

Multiple Choice

What was the name of the system under which European settlers received grants of land and could demand labor from indigenous peoples as tribute?

• A) Mission
• B) Encomienda
• C) Circumnavigation
• D) Authoritarian
• E) Plantation

---

Definitions:

Profit Margin Percentage

A profitability ratio calculated by dividing net income by revenue, expressing the result as a percentage.

Plowback Ratio

The proportion of earnings retained by a business, rather than distributed to its shareholders as dividends, to reinvest in the core business or to pay debt.

Dividend Policy Decision

The strategy that a company uses to determine the size and timing of its dividends payments to shareholders.

Capital Intensity Ratio

A financial metric that measures the amount of capital needed per dollar of revenue; used to evaluate the investment intensity of a business's operations.