In Your Opinion, Which Three of the Twelve Colonies Founded

question 122

Essay

In your opinion, which three of the twelve colonies founded in the seventeenth century made the most significant contributions to the perennial American values of democratic self-government, educational opportunity, religious toleration, social plurality, and economic materialism? Explain your choice.

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Definitions:

Favorable Cost Variance

A variance that occurs when the actual cost is less than standard cost.

Standard Cost

A predetermined cost of manufacturing, storing, and marketing a product, used for budgeting and performance evaluation.

Variances

Differences between planned or expected financial performances to the actual financial performance.

Standard Costs

Predetermined costs for materials, labor, and overhead that are used as benchmarks to measure actual performance against expected results.