The Smallest Proportion of Factory Workers in All Developed Nations

question 33

Multiple Choice

The smallest proportion of factory workers in all developed nations describes:​

• A)​Germany
• B)​England
• C)​United States
• D)​China

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Definitions:

Lawful

Conforming to, permitted by, or recognized by law and regulations.

Sherman Act

A landmark federal statute in the United States antitrust law passed by Congress in 1890 that prohibits monopolistic practices and promotes competition.

Market Power

Refers to the ability of a company or entity to influence the price and output levels in a market.

Competitors Cooperate

A situation where businesses that usually compete against each other decide to work together towards a common goal or project.