All of the Following Is True About the South in the Revolutionary

question 1

Multiple Choice

All of the following is true about the South in the Revolutionary War,except

• A) In the South, the Revolutionary War was a civil war.
• B) Southern frontiersmen favored independence.
• C) Large southern landholders generally sided with Britain.
• D) Loyalists in the South were even more prevalent than the British had hoped.
• E) The British sought to retain their control over the South because its natural resources were more abundant than in the North.

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Definitions:

Variable Costs

Charges that adjust in line with changes in production volume or output quantity.

Required Return

A rephrasing of Required Rate of Return; it's the expected return that investors demand for an investment in a particular asset, based on its risk.

Cash Break-even

The point at which a business generates enough cash flow to cover its operating expenses and capital costs.

Variable Costs

Expenses that vary directly with the level of business activity.