Which of the Following Is a True Statement About Slaveowners

question 69

Multiple Choice

Which of the following is a true statement about slaveowners?

• A) Most slaveowners felt a sense of guilt for holding other human beings in bondage.
• B) Many slaveowners saw slaves as a commodity that could be mortgaged and used as collateral.
• C) Many slaveowners respected the cultural traditions of their slaves.
• D) Most slaveowners provided their slaves with clean housing, adequate clothing, and nutritious meals.

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Definitions:

Surplus

A surplus refers to the amount by which the quantity supplied of a product or service exceeds the quantity demanded, often resulting in a decrease in prices.

Shortage

A market condition where the demand for a good exceeds its supply at a specific price, often leading to price increases.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a given price in a given time period.

Shortage

A situation where the demand for a product exceeds its supply in the market.