Carried into Communities Previously Isolated from the War

question 74

Multiple Choice

carried into communities previously isolated from the war,

• A) local criticism of Patriots increased.
• B) support for independence greatly increased.
• C) more Loyalists began actively helping the British.
• D) American armies engaged in more large, open-field battles.
• E) large segments of the American population became war refugees.

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Definitions:

Prudent Investor Rule

Prudent Investor Rule is a legal guideline for fiduciaries that mandates investment strategies should be made as a prudent investor would, considering risk, return, diversification, and the objectives of the trust or beneficiary.

Active Portfolio Management

A strategy where managers make specific investments with the goal of outperforming an investment benchmark index.

Passive Strategy

An investment approach that involves holding a diversified portfolio to match the performance of a market index over time, minimizing buying and selling actions.

After-tax Holding-period Return

The return on an investment after accounting for taxes, over the period it was held, reflecting the true gain or loss.