Sharecropping

question 3

Multiple Choice

Sharecropping

• A) allowed tenant farmers and land owners to share the risks and benefits of farming.
• B) gave freed slaves more control over their workday.
• C) relied on contracts that were usually renegotiated annually.
• D) created little incentive for long-term investments in improvement of farm land.
• E) All of the above.

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Definitions:

Opportunity Cost

The value of the next best alternative forgone as a result of making a decision.

Private Ownership

The holding of property by non-governmental legal entities or individuals.

Conservation Of Resources

Involves managing natural resources wisely to prevent depletion and ensure sustainability for future generations.

Accountable

Being responsible or answerable for actions or decisions, often in a professional or personal context.