The Largest Segment of European Society in the Nineteenth Century

question 27

Multiple Choice

The largest segment of European society in the nineteenth century was composed of

• A)skilled artisans such as cigar makers and cabinet makers.
• B)peasant landholders, unskilled day laborers, and domestic servants.
• C)semi-skilled laborers such as carpenters and bricklayers.
• D)urban workers in eastern Europe and peasants in western Europe.
• E)lower middle class urbanites.

---

Definitions:

Merchandise

Goods bought and sold by businesses in the course of their trade; often refers specifically to products sold by retail businesses.

Discount Period

The discount period is the time frame during which a payment can be made with a discount for early payment according to the terms of a sales agreement.

Operating Expenses

Costs associated with running a business’s core operations on a daily basis, such as rent, utilities, and payroll, excluding the cost of goods sold.

Net Income

Net income, also known as net profit, is the amount of earnings that remain after deducting all costs and expenses from total revenue.