Which of the Following Statements,associated with the Putting Out System,is True

question 65

Multiple Choice

 Which of the following statements,associated with the putting out system,is true?

• A)It was a decentralized system of textile production.
• B)Women did the lighter work of spinning.
• C)Men did the heavier job of weaving.
• D)All of the answers are correct.
• E)The system was not able to keep men fully employed.

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Definitions:

Income

Income is the financial earnings received by an individual or entity, typically measured in terms of money earned from employment, investments, or business operations.

Risk-Averse

A descriptive term for an individual or entity that prefers to avoid risk and chooses certainty over uncertainty when making investment or financial decisions.

Insurance Premium

The amount of money that individuals or businesses must pay for an insurance policy, providing coverage against specific risks.

Expected Claims

An estimation of the amount and frequency of claims a company might expect within a certain period, often used in insurance and risk management.