Indentured Servants Were

question 41

Multiple Choice

Indentured servants were

• A)Men between the ages of 25 and 30.
• B)Only young European females seeking to marry men in the colonies.
• C)Africans who sold their service to colonists but were not considered lifetime slaves.
• D)people who agreed to work for a term in exchange for their passage to America.
• E)Men who were  highly prized for their knowledge of tobacco cultivation.

---

Definitions:

Depreciation

Depreciation refers to the accounting method of allocating the cost of a tangible asset over its useful life, representing how much of an asset's value has been used up over time.

Gross Investment

The total amount of money invested in capital assets before accounting for depreciation, representing all new investment in the economy.

Depreciation

The diminishing value of an asset over periods, often as a result of deterioration or becoming obsolete.

Inventory Investment

The purchase of goods and materials that are not currently needed for production but are held for future use, contributing to a company’s assets.