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What might have been the opportunity cost for some one who went to Jamestown as an indentured servant?
Wiki User
∙ 9y ago
they were forced to work in Jamestown
Wiki User
∙ 14y ago
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Explain with the help of production possibility diagram the concept of opportunity cost?
Opportunity cost is the amount you might lose if you do not take the opportunity. You can write out the graph or find examples online.
How opportunity cost is measured?
how is opportunity cost measured {Finding the value of the best options that is not chosen.}
What was your opportunity cost of coming to class today?
you might get detention because that can cause you a lot of trouble
Give a example of an opportunity cost that an accountant might not count as a costwhy would the accountant ignore this cost?
An opportunity cost where money does not change hands does not count as a cost. An example of this is the owner's opportunity cost for an alternate employment, since money does not change hands.
What is the Differences between an obstacle a difficult task and an opportunity?
An obstacle is something which gets in the way of you accomplishing what you want to accomplish. The difficult task is what you want to accomplish, and which is made difficult by obstacles. An opportunity is a possibility which you might choose, which might lead to a benefit. An example: Your friend has asked you to go pick berries in the thick bushes by the river. There is an opportunity, since you might choose not to go berry-picking, but there is a possibility of a benefit, which is having a pail of berries. If you do choose to take the opportunity, there will be obstacles in the form of thick bushes between you and the berry bushes. The thick bushes will get in your way and make the berry-picking (what you are trying to accomplish) a difficult task.
Why would someone become an indentured servant?
Someone might become an indentured servant due to poverty or a desire for a fresh start in a new country. In exchange for passage to a new land or debts paid off, they agree to work for a set period under a contract.
What motivation might working class people in England have to sign a contract to work as an indentured servant?
the colonist could say that they would give them clothing and part of their land
What motivation might working class people in England have had to sign a contract to work as a indentured servant?
the colonist could say that they would give them clothing and part of their land
What motivation might working class people in England have had to sign a contract to work as an indentured servant?
the colonist could say that they would give them clothing and part of their land
Why might a person agree to become an indentured servant and work for no pay?
In life one finds situations where one's present conditions are so bad that any change is an improvement. In this case wherever the the individual was he had no job or likelihood of finding work, no food, no money, no freedom of movement and the potential of (often fatal) prison as an option.Becoming an indentured servant gave him free transport to a location where he agreed to work for a period of time for free, receiving housing and food. and learning a skill or trade. At the end of the contract he would be free to establish himself in that trade as an independent, or work for his ex-master as employee. The place he was at was a new world of opportunity opening the chance of a better life in exchange for a period of (essentially) slavery. The contract he signed was binding on both the worker and the master.
How might history have been changed if the Mayflower landed in Jamestown?
the Jamestown red sox would have waitedlike 80 years between championships
Explain with the help of production possibility diagram the concept of opportunity cost?
Opportunity cost is the amount you might lose if you do not take the opportunity. You can write out the graph or find examples online.
Jamestown might have gone the way of Roanoke had it not been for the perseverance of who?
John Smith persevered.
How opportunity cost is measured?
how is opportunity cost measured {Finding the value of the best options that is not chosen.}
What did the colony Jamestown produce?
Tobacco. There might be more so dont quote me but i know tobacco is one.
Is the signal for spirit and opportunity strong or weak?
I think it might be weak. I am not sure.
Did Jamestown settlers have survival skills?
being able to shoot a gun and attack. they might also need direct a ship.
