The Glorious Revolution of 1688

question 38

Multiple Choice

The Glorious Revolution of 1688:

• A) resulted mainly from the fears of English aristocrats that the birth of James II's son would lead to a Catholic succession.
• B) ended parliamentary rule in Great Britain until Queen Anne's War in 1702.
• C) was the work of an ambitious Danish prince out to avenge his father's murder by a British nobleman.
• D) had no impact on the British colonies in America.

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Definitions:

Monthly Sales

Monthly sales represent the total revenue or units sold by a business within a calendar month, often used to gauge performance and trends.

Operating Leverage

A measure of the proportion of fixed costs in a company's cost structure, indicating how a change in sales volume will affect operating income.

Cedar Shingles

Thin, tapered pieces of cedar wood used as durable roofing materials.

Net Operating Income

Income from a company's everyday business operations, excluding expenses from interest and taxes.