Following the Reforms That Were Intended to End Native Slave-Labor

question 13

Short Answer

Following the reforms that were intended to end native slave-labor on the encomiendas, the ____________________ were established as rural plantation-villages with a somewhat free wage labor.

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Definitions:

Net Assets

The difference between total assets and total liabilities, representing the residual interest in the assets of an entity after deducting liabilities.

Unrecognized Prior Service Cost

Refers to costs from past services not yet recognized in financial statements for pension plans.

Accrued/Prepaid Pension Cost

Expenses related to pension plans that have been incurred but not yet paid, or paid in advance of the period to which they apply.

Accumulated Other Comprehensive Income

A component of shareholders' equity that includes all changes in equity from non-owner sources, excluding net income.