Which of the Following Was a Major Factor Contributing to Urbanization

question 241

Multiple Choice

Which of the following was a major factor contributing to urbanization in America early in this century?

• A) an increased need for agricultural workers
• B) industrialization
• C) massive federal and state road building programs
• D) increased tax burdens in rural areas
• E) decrease in power of political parties

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Definitions:

Gross Profit

The financial metric calculated by subtracting the cost of goods sold from net sales, representing the profit made before deducting operating expenses.

Cost of Goods Sold

The immediate expenses linked to the creation of products a business sells, comprising both material costs and labor charges.

Sales

Sales refer to the total amount of goods or services sold by a company within a specific period, generating revenue.

Inventory System

The set of policies and controls that monitors and manages every aspect of a company's inventory, from purchasing to production to sales.