A Major Economic Result of the Reconquest Was the

question 35

Multiple Choice

A major economic result of the Reconquest was the

• A) creation of a large class of small landowners.
• B) supremacy of sheep raising over agriculture in Castile.
• C) rise of a large urban middle class.
• D) rise of a large shipbuilding industry.

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Definitions:

Residual Value

The estimated value of an asset at the end of its useful life, reflecting what it could be sold for or its salvage value.

Lessor

An entity or individual that leases or rents property or assets to a lessee.

Lessee

The entity that obtains the right to use an asset under a lease agreement from the lessor.

Uses the Asset

Refers to how an asset is employed within a business or investment strategy to generate returns or benefits.