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Questions refer to the passage below.
"The island is divided into three sorts of men . . . Masters, Servants, and Slaves. The slaves and their posterity, being subject to their masters forever, are kept and preserved with greater care than the servants, who are theirs but for five years, according to the law of the island. So that for the time, the servants have the worse lives, for they are put to very hard labor, ill lodging, and their diet is very slight. . . .
"It has been accounted a strange thing, that the negroes, being more than double the number of Christians that are there . . . should not . . . become masters of the island. But there are . . . reasons that take away this wonder: one is, they [cannot] touch or handle any weapons; and that they are fetched from several parts of Africa who speak several languages, and by that means one of them understands not another."
A True and Exact History of the Island of Barbados (1657) , Richard Ligon
-Based on the excerpt, what does Ligon believe was the main reason slaves did not rebel?
Retained Earnings
Portion of a company's profits that is kept or retained within the company, rather than paid out to shareholders as dividends, for reinvestment in the business or to pay off debt.
Opportunity Cost Principle
The opportunity cost principle denotes the value of the best alternative foregone when a decision is made to pursue a particular action.
Operating Assets
Assets that are used in the day-to-day operations of a business to generate revenue, excluding investments and non-operational assets.
CAPM
The Capital Asset Pricing Model, an investment theory that shows the relationship between the expected return of an investment and market risk.
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