Among the Major Elements Underlying the Social Crises of the 1600s

question 126

Multiple Choice

Among the major elements underlying the social crises of the 1600s was

• A)that the Mediterranean area entered a steep economic decline as silver imports from Spanish colonies declined.
• B)a "little ice age" occurred in the latter half of the 1200s, cutting food production and leading to famine.
• C)a sharp European population increase after 1635 cut per-capita food availability by one-half.
• D)increased gold imports from Africa, which led to serious economic inflation.
• E)the onset of the White Death, a variant of the bubonic plague.

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Definitions:

Five-Year Period

A span or timeframe that extends for five consecutive years.

Discount Rate

The interest rate used in discounted cash flow (DCF) analysis to determine the present value of future cash flows or the rate used by financial institutions for interbank lending and borrowing.

Present Value

The value today of a sum of money or future cash flows, taking into account a specific rate of return.

Future Cash Flow

The projected movement of money into and out of a business or investment over future periods.