Which was a common sociopolitical/economic feature of colonial america?

a. difficulty in the expansion of agriculture
b. commercial production of finished metal parts for locomotion
c. significant improvement of infrastructure, especially roads
d. none of the above is correct.

d. None of the above is correct.

Explanation:

In colonial America, labor and capital are at scarce, however, supply of land is very high. In 18th century, about 90% of colonial american population have earned major portion of income through agriculture. Colonial american produce higher output per labor, which lead them to a better living standard than many people living in developed countries. The most important industries of colonial America are Tobacco, ship´s store and ship building.

the investment was $14,174.196

explanation:

a lump sum means that the father of the example made one deposit and leave it be.

we need to know the value of a capital that generated at 4.05% per year during 28 years the sum of $48,613.24

now clearing the formula to solve for capital we got:

and we reach the answer investment = $14,174.20

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.