Which,among the Following Was Not One of the Major Impediments

question 78

Multiple Choice

Which,among the following was not one of the major impediments to the industrialization of Continental Europe?

• A) lack of good roads
• B) inadequate natural resources
• C) difficulties with river transit
• D) custom barriers along state borders
• E) businessmen were hesitant to take risks

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Definitions:

Current Asset

A slightly different term for assets likely to be used or turned into cash within one fiscal year or operating cycle, emphasizing liquidity.

Land

An asset representing the earth's surface that a company owns, used for operations, development, or investment.

Liquidity

The ease with which an asset can be converted into cash without significantly affecting its price, reflecting a company's ability to meet short-term obligations.

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within a year or within the business's normal operating cycle.