Which of the Following Is Not a Reason Owners of Cotton

question 17

Multiple Choice

Which of the following is not a reason owners of cotton factories employed children?

• A)The small size of children facilitated their movement around machines.
• B)Children represented a cheap supply of labor.
• C)Children made up an abundant supply of labor.
• D)Children were more easily broken to the discipline of factory work than adults.
• E)Compulsory education from ages five to eight meant that could follow written instructions from factory supervisors.

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Definitions:

Economic Efficiency

A situation where the distribution of resources is designed to enhance the production of goods and services maximally.

Demand Conditions

Factors that affect consumer desire for a product or service, including income levels, tastes, and price of substitutes.

Cost Conditions

The various expenses that firms face related to the production and sale of goods or services, including raw materials, labor, and overhead costs.

Maximum Profit

The highest possible financial gain that a business can achieve from its operations.