Which of the Following Was an Effect of the Enclosure

question 37

Multiple Choice

Which of the following was an effect of the enclosure of common lands in the English countryside during the seventeenth century?

• A) Chartered companies increased in number and spread to the countryside.
• B) Serfdom was imposed on the remaining English peasants.
• C) Agricultural productivity dropped drastically, leading to famines.
• D) Landowners began to plant new crops to sell in distant, instead of domestic, markets.

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Definitions:

Matching Principle

An accounting principle that states expenses should be recognized in the same period as the revenue they helped generate.

Recorded

The act of entering financial transactions or information into accounting records.

Adjusting Entries

Entries made in the accounting records at the end of an accounting period to allocate incomes and expenses to the period in which they actually occurred.

Expense Accounts

Accounts used to record the consumption of economic benefits during the operational activities of a business.