The Economic and Social Problems in Seventeenth-Century England That Caused

question 8

Multiple Choice

The economic and social problems in seventeenth-century England that caused many English citizens to migrate to the New World were the result of

• A) the collapse of the woolens industry.
• B) warfare between England and France.
• C) the government's decision to eliminate all tariffs on foreign goods.
• D) the doubling of the English population between 1530 and 1680.

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Definitions:

Debt-equity Ratio

A ratio used to express the relative use of equity and debt in funding a company’s assets.

Capital Spending

Expenditures by a company on major physical goods or services that are expected to generate economic benefits in the future.

Residual Dividend Policy

A strategy where a company pays dividends out of the residual or leftover equity only after all project capital needs are met.

Dividend Payout Ratio

Amount of cash paid out to shareholders divided by net income.