In the New Factory System, Workers - Many of Whom

question 33

Multiple Choice

In the new factory system, workers - many of whom were formerly agricultural laborers - had to adjust to

• A)urban environments.
• B)taking orders from a boss.
• C)standing on their feet all day.
• D)working specific, regular hours.
• E)being cooped up indoors.

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Definitions:

Future Value

The value of a current asset at a future date based on an assumed rate of growth.

Discount Periods

The time frame in which a discount is available for early payment of an invoice or debt.

Present Value

The current value of a future sum of money or stream of cash flows, given a specified rate of return.

Capital Investments

Funds spent by a company to acquire or upgrade physical assets such as property, industrial buildings, or equipment to increase its long-term revenue.