Which of the Following Is Not One of the Factors

question 54

Multiple Choice

Which of the following is not one of the factors that gave Britain a head start on the Industrial Revolution?

• A) It recovered from the plague more quickly than the rest of Europe.
• B) It had the largest merchant marine.
• C) It was highly commercial, and many people were involved in production and trade.
• D) It enjoyed a high standard of living and a fluid society.
• E) It was the world's leading exporter of tools, guns, hardware, and crafts.

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Definitions:

Benchmark Analysis

A method of comparing business processes and performance metrics to industry bests or best practices from other industries.

Industry Averages

Statistical benchmarks aggregating performance metrics, such as revenue or profits, across companies within a specific industry.

Competitors

Individuals or entities that compete within the same industry or market, offering similar or alternative products or services to the same customer base.

Income Statement

A financial document that reports a company's revenues, expenses, and profit over a specified time period.