Social Studies: Ch. 4 Lesson 1 - Quiz

A squatter is a person who lives on land without permission. They occupy and use the land without owning it or paying rent. This term is often used to describe individuals who settle in vacant or abandoned properties. Squatters may take advantage of unused land or buildings for shelter or profit.

Profit is the money earned from selling a good or service at a price higher than the cost of producing it. It represents the financial gain or benefit obtained by a company or individual after deducting all expenses. Profit is a key indicator of business success and sustainability, as it allows for reinvestment, growth, and the ability to reward stakeholders. It is an essential component of any economic system, as it incentivizes production and innovation.

The correct answer is "ordinance". An ordinance is a law or regulation made by a government or local authority. It is typically used to address specific issues or concerns within a particular jurisdiction. This term is commonly used in legal and governmental contexts to refer to laws that are enacted at a local level, such as city or town ordinances.

Territory refers to an area of land that is controlled and governed by a government. It implies that the government has jurisdiction and authority over that specific piece of land. This term is commonly used to describe regions, provinces, or states within a country, or even countries themselves. It signifies the boundaries within which a government can exercise its power and enforce its laws.

The Northwest Ordinance of 1787 established a government for the Northwest Territory. This legislation provided a framework for the organization and governance of the region, including the process for admitting new states to the Union. It also prohibited slavery in the territory and emphasized the importance of public education by setting aside land for schools. The ordinance did not specifically name the area Ohio or give more land to the Indians.

Rufus Putnam founded Adelphia (Marietta).

A land company can earn a profit by selling the land for a higher price than the amount it initially paid for the land and any other expenses incurred. This means that the company can make a profit by strategically buying land at a lower price and then selling it at a higher price, taking into account any additional costs involved in the transaction. By doing so, the company can generate revenue and make a profit from its land investments.

The Land Ordinance of 1785 had multiple effects on the United States government. Firstly, it set up rules for how the land would be divided and used, ensuring a systematic approach to land distribution. Secondly, it divided the land into townships and sections, providing a structured framework for settlement and development. Lastly, it also set aside land for schools, emphasizing the importance of education and laying the foundation for public education in the newly formed territories. Therefore, the correct answer is "All of the above."

Most cities are built near waterways because they provide a reliable source of water for drinking, irrigation, and transportation. Waterways such as rivers, lakes, and coastlines also offer opportunities for trade and commerce, making them attractive locations for settlement and economic development. Additionally, waterways often provide natural barriers for defense and offer recreational activities for residents. Therefore, it is logical to conclude that most cities are built near waterways.

Symmes did not make a profit on the land he was selling between the Little Miami and Great Miami rivers.