Some Monarchs of the Eighteenth Century Have Been Called Enlightened

question 21

Essay

Some monarchs of the eighteenth century have been called enlightened despots. Identify these rulers and provide specific examples of their policies that might be considered enlightened.

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Definitions:

Finance Charges

The total cost of borrowing, including interest and any other charges assessed by the creditor.

APR

The Annual Percentage Rate, a measure used to calculate the cost of borrowing, including interest and other fees, shown as a yearly rate.

Payday Loan

A type of short-term borrowing where a lender provides high-interest credit based on a borrower's income and credit profile, typically to be repaid by the next payday.

Average Daily Balance

The average amount owed per day during a billing cycle.