Which of These Steps Was Most Important to the Spanish

question 108

Multiple Choice

Which of these steps was most important to the Spanish when establishing their presence in California?

• A) The displacement of Native American populations.
• B) Roads between California and their other colonies.
• C) The creation of missions and presidos.
• D) Agriculture through forced labor.
• E) Keeping the British from settling on their territory.

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Definitions:

Future Contract

A legal agreement to buy or sell a particular commodity or asset at a predetermined price at a specific time in the future, reiterating the concept of futures contracts with a focus on its nature as a legal agreement.

Spot Price

The current market price at which a particular asset can be bought or sold for immediate delivery.

Oil

A natural resource used as a primary energy source and raw material in various industries, whose market dynamics significantly influence global economics.

Profit/Loss

The financial result obtained when revenues exceed expenses (profit) or expenses exceed revenues (loss).