Which of the Following Was NOT an Impediment to Industrialization

question 50

Multiple Choice

Which of the following was NOT an impediment to industrialization on the Continent?​

• A)​Customs barriers made transportation of goods expensive.
• B)​Continental businessmen were less enterprising than British.
• C)​Poor roads and difficulty with transportation.
• D)Establishment of technical schools to train mechanics and engineers.
• E)​Businessmen were less willing to take risks in investments.

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Definitions:

Direct Labor Hour

A measure of the amount of time an employee spends producing goods or services, directly associated with the product's cost.

Normal Capacity

Represents the average production level expected over a specific period under normal operating conditions.

Fiscal Year

The annual accounting period adopted by a business.

Standard Costs

Estimated or predetermined costs of manufacturing a product or providing a service, used as benchmarks to measure actual performance.