In the Early Days of Its Colonization, Britain Used Australia

question 31

Multiple Choice

In the early days of its colonization, Britain used Australia as a

• A)source of natural resources.
• B)source of slaves.
• C)tourist destination.
• D)penal colony.
• E)plantation.

---

Definitions:

Market Return

Market return refers to the total return on investment from a market index, which includes dividend payments and capital gains or losses.

Interest Semiannually

The payment of interest two times per year on a loan or bond.

Bond Covenant

Legal agreements between bond issuers and bondholders that specify terms and conditions to protect the interests of both parties.

Sinking Fund

A savings fund accumulated over time for the specific purpose of paying off a debt or replacing a capital asset in the future.