What Was the Principle of Virtual Representation

question 54

Multiple Choice

What was the principle of virtual representation?

• A) It was the idea that every person should vote on each issue.
• B) It was the idea that every male should be able to select a representative to represent his interests in Parliament.
• C) It was the idea that everyone had representation since the king was a representative of all the people.
• D) It was the idea that male property holders should hold elected offices.
• E) It was the idea that members of Parliament represented all British subjects because they considered the welfare of all subjects  and not just the interests of some  when deciding issues.

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Definitions:

Economies of Scale

Cost advantages that enterprises obtain due to their scale of operation, characterized by a reduction in the per-unit cost as production increases.

Industrial Regulation

Laws and regulations that control how businesses can operate in certain industries to protect public safety, health, and the environment.

Economic Reason

Economic reason involves the rationale or logical basis behind economic decisions, focusing on the optimization of resource use to achieve specific monetary or utility outcomes.

Foreign Competition

The presence and influence of international companies in domestic markets, challenging local businesses.