By 1900, China Had Changed Dramatically from the Way It

question 46

Multiple Choice

By 1900, China had changed dramatically from the way it was one hundred years earlier, due mainly to

• A) the end of the Opium War.
• B) renewed interest in Confucianism.
• C) the implementation of civil service examinations for public sector positions.
• D) the growth of the manufacturing sector.
• E) the decline of Confucian education and the rise of Western-style education.

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Definitions:

New Rivals

refers to competitors that enter a market and challenge existing firms with their products, services, or business models.

Cartel

An association of manufacturers or suppliers with the purpose of maintaining high prices and restricting competition.

Differentiated Product

A product that is distinguished from similar products offered by competitors because of unique characteristics or features.

Homogeneous Product

A product that is identical or almost identical in features, functions, and quality across different suppliers.