The Early Factory System Distributed Its Economic Benefits

question 66

Multiple Choice

The early factory system distributed its economic benefits

• A) mostly to the owners.
• B) evenly among factory owners, factory managers, and factory workers.
• C) primarily in the South and West.
• D) to workers represented by unions.
• E) to overseas investors.

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Definitions:

Federal Reserve

The main bank system in the United States, tasked with managing the country's monetary policy, overseeing banking regulations, ensuring the financial system remains stable, and delivering financial services.

Liabilities

Financial obligations or debts owed by a person, company, or entity to others.

Assets

Resources with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide future benefit.

Checkable Deposits

Bank account balances that can be accessed using checks, debit cards, or electronic transfers and are very liquid.