What Did Paternalism Reinforce

question 90

Multiple Choice

What did paternalism reinforce?

• A) Slaves must formally get married.
• B) Slaves need to be watched carefully.
• C) Slaves must practice Christianity on their own.
• D) Slaves should learn how to read.
• E) Slave children should be taught right from wrong by their parents.

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Definitions:

Deposits

Funds placed into an account at a banking institution, typically earning interest over time.

Compounds Interest

Refers to the addition of interest to the principal sum of a loan or deposit, or in other words, interest on interest. It is the result of reinvesting interest, rather than paying it out, so that interest in the next period is then earned on the principal sum plus previously accumulated interest.

Future Value

The value of an investment at a specified date in the future, taking into account factors like interest rates and compounding.

Compounded Monthly

Refers to the process of calculating interest on both the initial principal and accrued interest from previous periods on a monthly basis.