Which of the Following Statements Characterizes the Nature of Colonial

question 17

Multiple Choice

Which of the following statements characterizes the nature of colonial Pennsylvania during the eighteenth century?

• A) Despite the Quakers' ideals,rural colonial Pennsylvania was never a land of economic equality.
• B) Because the Quakers insisted on social equality and justice,few economic inequalities developed until the 1790s.
• C) The growing wheat trade in the mid-eighteenth century brought an influx of poor families,which increased social divisions.
• D) German and Scots-Irish farmers soon became the richest ethnic groups in rural Pennsylvania.

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Definitions:

High-Low Method

A technique used in accounting and finance to estimate fixed and variable costs based on the highest and lowest levels of activity.

Factory Machine Hours

A measure of production time, indicating the total hours that machinery is operated in the manufacturing process.

Power Costs

The expenses incurred by a company for the electricity or energy used in its operations.

Sales Price

The amount of money for which a product or service is sold to the customer.