Examlex

Solved

As a Result of the Market Revolution

question 60

Multiple Choice

As a result of the market revolution


Definitions:

Comparative Advantage

The ability of an individual, company, or country to produce a good or service at a lower opportunity cost than competitors.

Knitting

The craft or action of creating fabric by interlocking loops of yarn using needles.

Baking

The process of cooking food by dry heat, typically in an oven.

Division Of Labor

Breaking down the production of a good into separate tasks

Related Questions