All of the Following Contributed to the Development of Industrialization

question 33

Multiple Choice

All of the following contributed to the development of industrialization in the United States except

• A) a large pool of immigrant labor.
• B) following closely behind England in industrializing.
• C) a shortage of risk capital.
• D) abundant natural resources.
• E) individuals willing, even eager, to take risks in business.

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Definitions:

Canadian Dollars

The official currency of Canada, represented by the symbol CAD.

Trading Securities

Financial instruments like stocks or bonds held by a firm, primarily for the purpose of selling them in the near term to realize a gain.

Long-term

Pertaining to or occurring over an extended period, often exceeding one year, in the context of investments, loans, or planning.

Profit Margin

A financial ratio that measures the percentage of revenue remaining after all expenses have been deducted from sales.