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dezoksy [38]
3 years ago
13

Which phrase best defines the ad valorem system of taxation?

History
2 answers:
Roman55 [17]3 years ago
6 0

The correct answer is D.

An ad-valorem tax is a tax in which the amount due depends on the value of an item exchanged in a transaction or on the value of an underlying property.

The most representative example is the valued-added tax (VAT), in which the amount due is a percentage of the total value of the good purchased and it is paid simultaneosly when the good is bought. A property tax is also ad-valorem but needs to be paid periodically, for instance, anually.

guajiro [1.7K]3 years ago
4 0

Answer:D

Explanation:

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HELP! can someone help me with this history problem pls? Is my answer correct? I chose C
aksik [14]

yes your answer is correct

i agree with you

i can confirm its correct

goodluck

6 0
4 years ago
Meritocracy is this common sense notion that people become wealthy and powerful through a “natural” sorting process that is fair
Mariulka [41]

Answer:

The statement is correct.

Explanation:

Meritocracy is a model of society in which the socio-economic position of each individual is based on his or her merits. It is therefore not directly about the predisposition that one has, but what one does with that predisposition. Other factors, such as origin, land or money possession, race and gender should (in principle) not play a role. In short, a meritocracy is a society in which individuals occupy a position or place on the basis of their own capacities and knowledge and not through birth, marriage or tradition. One's own commitment determines which position one can take in society.

5 0
3 years ago
History help! <br> Describe the effects interchangeable parts had on machinery and production.
bonufazy [111]

Interchangeable parts are parts (components) that are, for practical purposes, identical. They are made to specifications that ensure that they are so nearly identical that they will fit into any assembly of the same type. One such part can freely replace another, without any custom fitting (such as filing). This interchangeability allows easy assembly of new devices, and easier repair of existing devices, while minimizing both the time and skill required of the person doing the assembly or repair.

The concept of interchangeability was crucial to the introduction of the assembly line at the beginning of the 20th century, and has become an important element of some modern manufacturing but is missing from other important industries.

7 0
3 years ago
The region between Eurasia and North America, thought to have been up to 600 miles wide, that opened up due to the drop in sea l
Pani-rosa [81]

Answer:

A. Beringa

Explanation:

It was a gap, and the Beringa Gap became known as the Atlantic ocean

4 0
3 years ago
What does a monopoly do?
Tpy6a [65]

Answer:

The answer is A.  Sets low prices for goods

5 0
3 years ago
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