In General, ________ Were Less Important Economically in the New

question 14

Multiple Choice

In general, ________ were less important economically in the New World than in many parts of the Old World.

• A) domesticated animals
• B) cultivated crops
• C) corn, beans and squash
• D) dogs
• E) none of the above

---

Definitions:

Organizational Expenses

Costs incurred during the formation of a corporation, partnership, or any business entity, such as legal and administrative fees.

Intangible Assets

Non-physical assets such as patents, trademarks, and goodwill that have value to a business.

Balance Sheet

A financial document that outlines the resources, obligations, and shareholder equity of a company at a given point, showing its economic condition.

Capital

Financial assets or the financial value of assets, such as cash and goods, used by a business to generate income.