As Societies Industrialize, a Smaller Share of the Population Works

question 16

Multiple Choice

As societies industrialize, a smaller share of the population works in which of the following locations?

• A) farms
• B) factories
• C) assembly lines
• D) dockyards

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Definitions:

Stock Market Boom

A period of significant and sustained increases in share prices across the stock market, often reflecting investor optimism and economic growth.

Standard of Living

The degree of wealth, comfort, material goods, and necessities available to an individual, group, or society.

Farm Labor Output

The total amount of agricultural goods and services produced by farm labor within a given period.

Family Farms

Small-scale farming operations owned and operated by a single family, often passed down through generations, focusing on self-sufficiency or local markets.