In Britain,the Proximity of What Three Things Gave an Unsurpassed

question 77

Multiple Choice

In Britain,the proximity of what three things gave an unsurpassed advantage to the development of early industry?

• A)forests for charcoal, domestic markets, and iron ores
• B)coal fields, iron ores, and coastal ports
• C)an internal railroad system, cotton for textiles, and domestic markets
• D)good highways, coal fields, and coastal ports

---

Definitions:

Equity

The ownership interest in a company of its shareholders; it represents the amount of assets that would be returned to shareholders if all the company's debts were paid off.

Debt Ratio

A financial ratio that compares the amount of a company’s total debt to its total assets, indicating the leverage level.

Assets

Resources owned by a company or individual considered valuable and can be used to produce positive economic value.

Equity

The residual interest in the assets of a company after deducting liabilities, representing the ownership interest of shareholders.