The Development of Agriculture Was Set in Motion by

question 58

Multiple Choice

The development of agriculture was set in motion by

• A) the invention of industrial machinery.
• B) engaging in hunting and gathering.
• C) hitching animals to the plow.
• D) using water power to turn a wheel.

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Definitions:

Barriers To Entry

Obstacles that make it difficult for new competitors to enter a market, such as high start-up costs or complex regulations.

Industry Life Cycle

The Industry Life Cycle outlines the stages of growth, saturation, and decline that industries experience over time, affecting business strategies and market dynamics.

Dividend Payout Yields

The ratio of a company's annual dividends per share to its share price, indicating the amount of dividend income generated by each dollar invested.

ROE

Return on Equity, a financial performance metric determined by dividing net income by shareholders' equity.