What Led to the Increase in Leisure Time in the Twentieth

question 25

Multiple Choice

What led to the increase in leisure time in the twentieth century?

• A) changes in values and norms making leisure disappear
• B) increases in industrial productivity and time-saving technologies
• C) decreases in family size
• D) increases in life span and better health care

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Definitions:

Strengths and Weaknesses

An analysis or assessment of the positive (strengths) and negative (weaknesses) internal aspects of an organization.

Straight-Line Depreciation

A system for spreading out the cost of a tangible asset in equal yearly amounts across its functional life.

Average Rate of Return

A financial metric used to evaluate the profitability of an investment, calculated as the average annual profit divided by the initial investment cost.

Annual Income

The total earnings or revenue generated by an individual or business in one fiscal year before any deductions.