Which of the Following Was the Most Likely Driving Factor

question 14

Multiple Choice

Which of the following was the most likely driving factor behind the formation and maintenance of chiefdoms in the Chumash culture?

• A) the need to organize small villages into larger groups to resist Spanish attempts to subdue the tribes
• B) organizational challenges related to the planting, irrigation, and harvesting of many food crops
• C) organizational challenges related to the construction, maintenance, and use of large plank canoes
• D) the persistent threat of attack from neighboring tribes searching for additional resources

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Definitions:

Financial Lease

A type of lease in which the lessee has use of the asset for a significant portion of its useful life, and the lease payments are designed to cover the lessor's initial costs.

Debt-Equity Ratio

A financial ratio indicating the relative proportion of shareholders' equity and debt used to finance a company's assets.

Relevant Discount Rate

The interest rate used to discount future cash flows to their present value to account for the risk and time value of money in decision making.

Cost of Borrowing

The total charges, including interest and any other fees, that a borrower incurs when taking out a loan.