The Key to the American System of Manufacturing Was

question 176

Multiple Choice

The key to the American system of manufacturing was

• A) the financial method used to finance plant expansion.
• B) a unique method of corporate management.
• C) the use of machine-tooled, interchangeable parts.
• D) the vertical integration of companies.

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Definitions:

Existing Stocks

Refers to the inventory of goods or materials that a company currently holds.

Idle Capacity

The portion of a company's resources that could be used for production but remains unutilized during a certain period.

Damaged Van

A van that has suffered physical harm or injury, impacting its value and functionality.

Repair

The process of restoring equipment, machinery, or property to its previous condition to ensure functionality.