Industrialization Led to Which of the Following

question 8

Multiple Choice

Industrialization led to which of the following?

• A)a class system based on ownership of land
• B)increased cottage craft production
• C)increased demand for rural labor
• D)none of the above

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Definitions:

Economic Value

The worth of a good or service determined by its utility and the market demand, influencing its price.

Signing Bonus

A financial incentive given to a new employee as an inducement to join the company.

Equivalent Value

The same worth or monetary value as something else.

Rate of Return

The positive or negative financial outcome on an investment through a specific duration, indicated as a percent of the cost of the investment.