After Conquests Ended and Settlements Were Built, Who Stood Atop

question 41

Multiple Choice

After conquests ended and settlements were built, who stood atop the social hierarchy in Spanish America?

• A) Mestizos.
• B) Criollos.
• C) Peninsulares.
• D) Conquistadores.

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Definitions:

Fixed Monthly Expenses

Recurring expenses that do not change in amount from month to month, such as rent, salaries, and insurance premiums.

Net Operating Income

Income from operations after deducting operating expenses but before interest and taxes.

Variable Cost Per Unit

The cost that changes in proportion to the level of output or activity, calculated on a per-unit basis.

Net Operating Income

A company's total earnings derived from its operations, excluding taxes and interest.