As a Result of the Depopulation in Europe Caused by the Black

question 4

Multiple Choice

As a result of the depopulation in Europe caused by the Black Death:

• A) Europe became an agricultural wasteland.
• B) European farmers turned toward producing cash crops exclusively.
• C) great lords and monasteries took control of 75 percent of all agricultural land.
• D) Europe's massively depleted ecological resources recovered.
• E) Europeans began buying slaves to use as agricultural workers.

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Definitions:

Cash Dividends

Payments made by a company out of its earnings to its shareholders, often distributed on a regular basis.

Indirect Method

A technique used in cash flow statement preparation that adjusts net income for the effects of transactions not involving cash.

Operating Activities

The business activities directly related to providing services and producing goods, including revenue and expense transactions.

Accrued Liabilities

Expenses that have been incurred but not yet paid, recognized on the balance sheet for accounting purposes.