After Meeting Pizarro at the Town Square of Cajamarca in 1532

question 64

Multiple Choice

After meeting Pizarro at the town square of Cajamarca in 1532, Atahualpa:

• A) Was murdered, together with his unarmed retainers.
• B) Secured Spanish assistance against his half-brother Huáscar.
• C) Disappeared into the rainforest and was never seen again.
• D) Converted to Catholicism in order to protect his people against Spanish encroachment.

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Definitions:

Average Costs

The total costs of production (fixed and variable) divided by the total quantity of output produced.

Central Planning Model

A system of economy where all choices regarding the creation and use of goods and services are made by the government.

American Capitalism

A system marked by private property, competitive markets, economic incentives, and limited government intervention in the economy.

Product Differentiation

The technique of identifying a product or service as unique in the market to boost its desirability to a chosen target demographic.