One of the Most Significant Reasons for the Expansion of India's

question 2

Multiple Choice

One of the most significant reasons for the expansion of India's trade was

• A)an Indian unification movement.
• B)public works and infrastructure projects.
• C)British extension of manufacturing technology to local populations.
• D)utilizing the mechanization system of division of labor to improve productivity.
• E)urbanization.

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Definitions:

Accounts Payable

Money owed by a company to its suppliers or vendors for products or services that have been received but not yet paid for.

Cost of Goods Sold

The direct expenses related to the production of goods sold by a business, including materials and labor costs.

Receivables

Amounts payable to a corporation by its clientele for goods or services that have been delivered or rendered, but are yet to be paid for.

Cash Collections

The process of gathering all cash payments due from customers over a specific period.