Economic Feasibility Is a Feasibility Assessment Tool That Focuses on the Financial

question 20

True/False

Economic feasibility is a feasibility assessment tool that focuses on the financial and economic benefits and costs that a new system would bring to the organization.

---

Definitions:

Labor Shortage

Describes a situation in which there are not enough qualified workers available to fill the job positions in a particular industry or overall economy.

Southern Planters

Wealthy individuals in the antebellum South who owned large farms or plantations and typically relied on enslaved labor for their agricultural operations.

Confederate War Effort

The military and civilian actions taken by the Confederacy during the American Civil War to achieve independence from the United States.

States' Rights

The principle or belief in the rights and powers held by individual US states rather than by the federal government, often a central issue in American political discourse.