What Process Involves Shifting from an Agricultural Economy to a Factory-Based

question 56

Multiple Choice

What process involves shifting from an agricultural economy to a factory-based one?

• A) modernization
• B) industrialization
• C) neoliberalization
• D) globalization

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Definitions:

Tax Consequences

The effects that various financial actions have on the amount of tax one must pay.

Employee Turnover

The rate at which employees leave a company and are replaced by new employees, often used as a metric to assess company culture and retention efforts.

Communicate Extent

The process of conveying the scope, range, or degree of something.

Overall Costs

The total expenses incurred in the production, operation, or provision of a service, including direct and indirect costs.