How Did Asante Kings Use the Wealth They Acquired from Trade

question 46

Multiple Choice

How did Asante kings use the wealth they acquired from trade?

• A) They sponsored feasts to allow themselves an opportunity to dine with their subjects.
• B) They led religious ceremonies, characterized by lavish displays of ornate religious artifacts.
• C) They showed their link to wealth and power by displaying gold-covered spears, maces, and elephant tails.
• D) They commissioned the creation of epic poems about the divine origins of the Asantehene.

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Definitions:

Common Stock Dividends Distributable

Amounts declared by a company to be paid as dividends to holders of its common stock, recorded as a liability until paid.

Stock Split

An action by a company to divide its existing shares into multiple shares to lower the trading price of the stock, making it more accessible to investors.

Stock Dividend

A distribution of extra shares given to shareholders by a corporation, instead of distributing cash.

Market Value

The ongoing cost at which an asset or service can be traded or acquired in a market setting.