What Sparked a New Period of Colonial Expansion for England

question 1

Multiple Choice

What sparked a new period of colonial expansion for England in the mid-seventeenth century?

• A) the return of Charles II as king of England
• B) the creation of the constitutional monarchy through the Glorious Revolution
• C) the formal end of the slave trade
• D) the taking of Quebec from France
• E) the defeat and dissolution of the Iroquois Confederacy

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Definitions:

Board of Directors

A group of individuals elected by shareholders to oversee the management and make major decisions for a corporation.

Prior Period Adjustment

Correction made in the current year of a mistake made in previous years. The adjustment is updated on the statement of retained earnings.

Depreciation Expense

The systematic allocation of the cost of a tangible asset over its useful life, representing how much of the asset's value has been used up.

Plant Expansion

The process of increasing the capacity of an existing factory or plant, often involving investments in equipment, technology, or additional space.