The Underlying Basis for Modern Mass Production Was

question 83

Multiple Choice

The underlying basis for modern mass production was

• A) unionized labor.
• B) Supreme Court rulings that favored laissez-faire.
• C) the use of interchangeable parts.
• D) the principle of limited liability.
• E) the passing of protective tariffs.

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Definitions:

Financial Risk

The possibility of losing money on an investment or business venture due to financial market fluctuations, interest rate changes, or bad management decisions.