Which of the Following Was Not a Reason for European

question 61

Multiple Choice

Which of the following was not a reason for European planters to switch to African slave labor?

• A) Africans were less likely to die of disease and overwork than Europeans were.
• B) Indentured servants became too expensive when land values increased.
• C) Rising sugar prices made it possible for planters to pay the high up-front costs of slave labor.
• D) The average slave life-span was two to three years longer than the typical indenture contract.
• E) All of these were actually reasons for planters to switch.

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Definitions:

Cash Account

A ledger account that represents the amount of cash a company has on hand at any given time.

Credit

An accounting entry that either decreases assets or increases liabilities and equity on a company's balance sheet, or an entry on the right side of a double-entry bookkeeping system that represents the addition of value to an account.

Debit

An accounting entry that increases assets or expenses or decreases liabilities, equity, or revenue.

Chart Of Accounts

A systematic list of all account titles and numbers used by an organization to organize its financial transactions systematically.