Which Statement About the Development of the Modern Plantation System

question 75

Multiple Choice

Which statement about the development of the modern plantation system is FALSE?

• A) It can be traced back to the Portuguese exploration of and trade with Africa.
• B) It originated from the Portuguese sugar plantations.
• C) It combined large-scale commercial agriculture and slave labor.
• D) It was based on the European feudal system.
• E) It would shape the course of the New World.

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Definitions:

Earnings Per Share (EPS)

Earnings Per Share (EPS) is a financial metric that divides a company's profit attributable to each outstanding share of common stock, indicating the company's profitability.

Business Risk

The exposure a company or investor has to factors that can lower its profits or lead to its failure.

Operating Performance

A measurement of a firm's efficiency, effectiveness, and overall management's success in generating profits from operations.

Contribution Margin

The amount by which sales revenue exceeds variable costs of production, indicating how much contributes to covering fixed costs and generating profit.