One Negative Aspect of the Massive Land Reclamation Projects in the Netherlands

question 43

Multiple Choice

One negative aspect of the massive land reclamation projects in the Netherlands was that

• A) more people were attracted to farming, and the population of the cities decreased.
• B) land values dramatically fell as a result of the large increase in available land.
• C) large landowners no longer found agriculture profitable.
• D) smallholders lost access to the sea and had to sell out to large landowners.

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Definitions:

Par

The face value of a security as stated by its issuer, distinct from its market value.

Common Stock

A type of security that represents ownership in a corporation, with voting rights and potential for dividends.

Par Value

The stated value of a financial security, such as a bond or stock, as declared by the issuer.

Preferred Stock

A type of equity security that has a priority claim on a company's assets and earnings before common stock, usually with fixed dividends and no voting rights.