The Most Important Consequence of the Peace of Westphalia Was

question 64

Multiple Choice

The most important consequence of the Peace of Westphalia was in

• A) laying the foundation for English control of most of the world.
• B) combining the Spanish and French thrones.
• C) promoting the notion that the European nations viewed each other as sovereign and equal.
• D) ending the carnage of the Seven Years' War.
• E) establishing an Anglo-French alliance that would last until World War I.

---

Definitions:

Least-Squares Regression

A statistical approach that finds the optimal fitting line by reducing the sum of the squares of the discrepancies between the actual and forecasted values.

Variable Cost

Costs that vary directly with the level of production or sales volume, such as materials and direct labor.

Fixed Cost

Costs that do not vary with the level of production or sales, such as rent, salaries, and insurance premiums, providing stability in expense planning.

Least-Squares Regression

A statistical technique used to find the line of best fit for a set of data, minimizing the sum of the squares of the differences between the observed and predicted values.