Which of the Following Is True of the European Peasantry

question 62

Multiple Choice

Which of the following is true of the European peasantry in the eighteenth century?

• A)Peasants comprised nearly half of Europe's population.
• B)Peasants were free from serfdom in all countries by 1789.
• C)Peasants often owed extensive compulsory services to aristocratic landowners.

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Definitions:

Tariff

A tax imposed by a government on goods and services imported from other countries to encourage domestic consumption and protect the local industry.

Producer Surplus

The discrepancy between the price at which sellers are prepared to offer a product and the actual price it sells for.

Total Surplus

The sum of consumer and producer surplus, representing the total net benefit to society from the production and consumption of goods.

Free-Trade Policy

A policy approach that encourages international trade by minimizing tariffs, duties, and other barriers to import and export.