In the Late Nineteenth Century, Child Labor Was

question 22

Multiple Choice

In the late nineteenth century, child labor was

• A) common in the coal mines and cotton mills.
• B) uncommon because children were not strong enough to handle the large machines and fast pace of factory production.
• C) uncommon because children had to stay in school until age sixteen.
• D) uncommon because for the first time childhood was seen as a distinct stage of life reserved for innocence, play, education, and maternal love.
• E) common in the economically-depressed south, but uncommon in the prosperous north.

---

Definitions:

Initial Margin

The minimum amount of funds required to open a new position in a market, serving as a security deposit to cover credit risk.

Futures Price

The agreed-upon price for the future delivery of an asset such as a physical commodity or a financial instrument, as determined in the futures market.

Creation

The process of originating something new or bringing something into existence, often used in contexts ranging from art to finance.

Futures Contract

A legal agreement to buy or sell a particular commodity or asset at a predetermined price at a specified time in the future.