The Only Mineral That Was Available in Any Significant Quantity

question 40

Multiple Choice

The only mineral that was available in any significant quantity in colonial America was:

• A) Gold.
• B) Silver.
• C) Iron.
• D) Coal.

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Definitions:

Marginal

Incremental, additional, or extra; used to describe a change in an economic variable.

Incremental

Describes small, gradual changes or increases made over a period of time.

Economic Information

Data related to the production, distribution, and consumption of goods and services that informs decision-making.

Acquire

To obtain ownership of something, such as a company purchasing another company or an individual acquiring an asset.