Which of the Following Was the Result of the Rapid

question 50

Multiple Choice

Which of the following was the result of the rapid industrial development of the United States between 1860 and 1900?

• A) increased demand for and the importance of skilled artisans.
• B) an economy dominated by enormous corporations.
• C) the near extinction of small, specialized companies.
• D) reduced use of women and child laborers in mines and mills.
• E) marginalization of the richest 5% of the American population.

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Definitions:

Marketing Tactics

Specific actions or strategies designed to achieve marketing objectives.

Implementation Phase

The stage in a project or strategy where plans are put into action and executed.

Business Plan

A road map for the entire organization for a specified future period of time, such as one year or five years.

Product Development

Product development is the complete process of bringing a new product to market, encompassing idea generation, concept testing, design, engineering, production, and marketing.