Haiti Is a Significant Former Colony Because

question 10

Multiple Choice

Haiti is a significant former colony because

• A) it was the first nation to gain independence from a colonial power.
• B) it became the first independent former colony to be ruled by people of African descent.
• C) it was an example of a highly profitable colony.
• D) widespread migration from Haiti to Britain occurred after Independence.

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Definitions:

Amount

The total sum or quantity of something.

Compounded Monthly

Calculating interest on both the initial principal and the accumulated interest from previous periods, done on a monthly basis.

Rate of Return

The profit or deficit experienced on an investment within a certain timeframe, depicted as a proportion of the investment's initial value.

Low-Risk Investment

An investment that is generally considered safer, with a lower chance of losing principal but typically offering lower returns.