As a Result of the Development of the Cotton Gin

question 81

Multiple Choice

As a result of the development of the cotton gin,

• A) slavery revived and expanded.
• B) there was less need for reliance on slaves to work in the cotton fields.
• C) technology assumed a large role in cotton production.
• D) the South diversified its economy.
• E) the textile industry moved to the South.

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Definitions:

Asset Universe

The complete set of assets considered for investment by a particular fund or strategy.

Investment Company

A corporation or trust engaged in the business of investing the pooled capital of investors in financial securities.

Risk Aversion

The tendency of investors to prefer safer or less risky investments over riskier options.

Historical Standard Deviation

A statistical measure of market volatility based on past price movements.