Which of the Following Was True of Social Life in Late

question 18

Multiple Choice

Which of the following was true of social life in late 18^th century Latin America?

• A) Criollos spent less time on intellectual pursuits than did peninsulares.
• B) While they read mostly religious literature, the Spaniards also obtained access to some of the Inquisition's banned books.
• C) Women usually preferred religious tracts to novels.
• D) The social life of a city's elite citizens was fast-paced, with many outings and festivals.
• E) Third and fourth children of the criollos often entered monasteries and convents, where they lived out their lives in small rooms, without seeing their families again.

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Definitions:

Loss

Occurs when a company's expenses exceed its revenues, resulting in a negative profit.

Discount on Bonds Payable

The difference between the face value of bonds and their selling price, when the bonds are sold for less than their face value.

Redeems

The act of exchanging something such as coupons, vouchers, or securities for goods, services, or money.

Gain

Financial benefit realized from activities such as the sale of an asset for more than its original purchase price.