What Was the Overall Effect of the Slave Trade

question 31

Multiple Choice

What was the overall effect of the slave trade?

• A)Allowed the production of sugar to increase.
• B)Never altered the traditional trade in foreign goods in Southeast Asia.
• C)Had a major effect on the overall population of African population.
• D)Made little change between African-European interactions.
• E)Stopped the usual African incidents of warfare among tribes.

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Definitions:

Book Value

The net value of a company's assets as recorded on the balance sheet, deducting liabilities, indicating the shareholder equity.

Residual Value

The projected worth of an asset upon reaching the conclusion of its service period.

Straight-line Method

A depreciation method that allocates an equal amount of depreciation each year over the useful life of an asset.

MACRS

Modified Accelerated Cost Recovery System, a method of depreciation in the U.S. that allows businesses to recover investments in certain property through annual deductions.