The Broad,long-Lasting Significance of the Glorious Revolution in North America

question 10

Multiple Choice

The broad,long-lasting significance of the Glorious Revolution in North America was

• A)a tightening of colonial restrictions on trade.
• B)the revoking of the Navigation Acts.
• C)a more concerted effort to confront Spanish rivals to the south.
• D)a lighter touch in the ruling of the American colonies.

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Definitions:

Fixed Costs

Fixed Costs are business expenses that remain unchanged regardless of the level of production or sales activity, such as rent, salaries, and insurance premiums.

Fixed Costs

Expenses that remain constant regardless of the amount of goods produced or sold, including lease payments, wage expenses, and insurance fees.

Depreciation Expense

The systematic allocation of the cost of a tangible asset over its useful life.