The Basic Aim of Industrial Production Is to

question 5

Multiple Choice

The basic aim of industrial production is to

• A) provide more employment opportunities for the labor force.
• B) allow a greater variety of jobs.
• C) lower the unit cost of production.
• D) discipline and organize the labor force more efficiently.
• E) move farm workers into cities to work in factories.

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Definitions:

Pre-Industrial Age

A period before the widespread use of machines and industrial production processes, characterized by agrarian economies, manual labor, and artisanal crafts.

Subsistence Farming

A self-sufficiency farming system in which farmers focus on growing enough food to feed themselves and their families.

Charles River Bridge

refers to a historical case, Charles River Bridge v. Warren Bridge (1837), in which the U.S. Supreme Court ruled on issues of competition and public convenience regarding charter rights.

Old Charters

Documents representing the earliest forms of incorporation for colonies, companies, universities, and cities, outlining their rights, privileges, and organizational structure.