By the 20^th Century, the Largest Sector of the U

question 26

Multiple Choice

By the 20^th century, the largest sector of the U.S. economy in terms of commodity output value was

• A) agriculture.
• B) manufacturing.
• C) mining.
• D) construction.

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Definitions:

Hiring Freeze

A temporary halt in the recruitment of employees by an organization, usually due to financial constraints or organizational restructuring.

Production Costs

The total expense incurred in the manufacturing of a product or the delivery of a service, including raw materials, labor, and overhead costs.

Strategic Marketing Process

A systematic approach to researching, planning, executing, and evaluating marketing strategies to achieve business objectives.

Planning Phase

the stage in a project or process where objectives are defined, and the methods to achieve them are formulated.