The Rise in Population During the Ming Period Was Supplemented

question 56

Short Answer

The rise in population during the Ming period was supplemented by a dramatic increase in the ____________________.

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Definitions:

Gross Earnings

The total income earned by an individual or business before any deductions or taxes are applied.

Net Earnings

The profit determined after all expenses and taxes have been subtracted from total revenue.

Payroll Tax Expense

Charges levied on both employers and employees, calculated as a proportion of the wages that employers distribute to their workers.

Wages Payable

A liability account that records the amounts owed to employees for work performed but not yet paid.