Why Was the House of Burgesses Important to the Development

question 28

Multiple Choice

Why was the House of Burgesses important to the development of the British colonies in North America?

• A) The political-rights legislation it passed led to the emergence of democracy in the colonies.
• B) The decisive military stand it took against the Native Americans effectively ended the Indian menace.
• C) Its presence established the precedent of self-government at the local level in England's North American colonies.
• D) Its decision to give land to all Virginia settlers caused people to see the British colonies as a land of opportunity.

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Debt-to-Total-Assets Ratios

A measure that indicates what proportion of a company's assets is financed through debt.

Equity Ratios

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Debt-to-Equity Ratios

A financial ratio indicating the relative proportion of shareholders' equity and debt used to finance a company's assets.

Capital Structures

The particular combination of debt and equity used by firms to finance their overall operations and growth.