To What Extent Did the Idea of the "Protestant Ethic

question 17

Essay

To what extent did the idea of the "Protestant ethic" emerge from Calvinist theology? How did this idea shape the history of New England and later other American colonies?

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Definitions:

Rate of Return

The gain or loss on an investment over a specified time period, expressed as a percentage of the investment's initial cost.

Dividend Income Distributions

Payments made by a corporation to its shareholders, typically derived from the company's earnings.

Capital Gains

Capital gains are the profit earned from the sale of an asset, such as stock or real estate, which has increased in value over the holding period.

Rate of Return

The increase or decrease in the value of an investment during a predetermined period, represented as a percentage of the investment's starting cost.