Identify and Give the Historical Significance of Each of the Following

question 96

Essay

Identify and give the historical significance of each of the following terms, events, and people in a paragraph or two.
-Poverty in the colonies

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Definitions:

Shareholders

Individuals or entities that own shares in a corporation, giving them certain rights and potential for financial returns based on the company's performance.

Profit

The financial gain realized when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.

Joint Ventures

A commercial enterprise undertaken jointly by two or more parties that otherwise retain their distinct identities.

Taxed

Subject to a compulsory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization.