In What Crucial Way Did Europeans Benefit from the Columbian

question 31

Multiple Choice

In what crucial way did Europeans benefit from the Columbian Exchange?

• A)European food prices rose because of Western imports.
• B)There were no longer starving people in Europe because of these new foods.
• C)New crops like corn and potatoes helped Europe's population to grow.
• D)Native crops always commanded higher prices than traditional European crops.
• E)Europeans now had coffee, rice, and wheat to eat.

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Definitions:

Earnings Per Share

A company's profit divided by the number of outstanding shares of its common stock, indicating the company's profitability.

Quick Ratio

A liquidity indicator that measures a company's ability to meet its short-term obligations with its most liquid assets.

Marketable Securities

Financial instruments that can be easily converted to cash, typically within one year, such as stocks or bonds.

Inventory

The raw materials, work-in-progress products, and finished goods that are considered to be part of a business's assets that are ready or will be ready for sale.