How Has Work in the United States Changed Over the Past

question 120

Multiple Choice

How has work in the United States changed over the past two centuries?

• A) The number of people engaged in agriculture has changed from 70 percent in 1820 to 31 percent in 1910 and 25 percent today.
• B) The number of people engaged in agriculture has changed from 70 percent in 1820 to 31 percent in 1910 and 1.5 percent today.
• C) The number of people engaged in agriculture has changed from 20 percent in 1820 to 40 percent in 1910 and 60 percent today.
• D) The number of people engaged in agriculture has changed from 70 percent in 1820 to 31 percent in 1910 and back to 70 percent today.

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Definitions:

GAAP Conservatism

An accounting principle that entails erring on the side of caution, providing for potential losses or liabilities.

R&D

Research and Development; activities undertaken by a business to innovate and introduce new products or services.

Software Development

The process of conceiving, specifying, designing, programming, documenting, testing, and bug fixing involved in creating and maintaining applications, frameworks, or other software components.

Intangible Assets

Assets that lack physical substance, such as patents, trademarks, and goodwill.