In 1850, What Two Occupations Employed the Most People in Britain

question 20

Multiple Choice

In 1850, what two occupations employed the most people in Britain?

• A) Farming and domestic service
• B) Domestic service and coal mining
• C) Factory labor and coal mining
• D) Factory labor and farming

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Definitions:

Income Ratios

Financial metrics that compare various forms of income to another number on the company's financial statement, often used to assess financial health and profitability.

Capital Balances

The amount of money that owners have invested in a business, reflected in the equity section of the balance sheet.

Partners' Capital Statement

A financial statement that shows the changes in the account balances of each partner's equity in a partnership over a period.

Net Income

A company's finalized earnings after all financial obligations, including taxes, have been removed from total income.