Which of the Following Was True of Seventeenth-Century New England

question 51

Multiple Choice

Which of the following was true of seventeenth-century New England?

• A) Most families had several servants.
• B) There were wide gaps between the rich and the poor.
• C) Land ownership was widespread.
• D) Few colonists owned their own land.
• E) All free males could vote.

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Definitions:

Foreseeable Future

A time period in which an event or action is predicted or expected to occur.

Economic Benefits

The advantages or gains received by an individual, company, or society from financial activities or investments.

Past Transactions

Previously completed financial activities or operations that a company has engaged in.

Historical Cost Principle

An accounting principle that states all assets should be recorded at their original purchase cost rather than their current market value.