Which Problem Today Is Primarily the Result of the Industrial

question 66

Multiple Choice

Which problem today is primarily the result of the Industrial Revolution?

• A)extensive air and water pollution
• B)increased transmission of disease between people living in close proximity
• C)decline in quality of agricultural soil
• D)erosion from deforestation as more fuel wood is harvested

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Definitions:

Rival Firms

Companies that compete directly with one another in the same industry or market.

Downward-sloping Demand

A market phenomenon where demand for a product decreases as the price increases, indicating consumers buy less of the product at higher prices.

Competitive Price-searcher

A firm operating in a market where it must search for the optimal price that balances its desire for profits with the need to remain competitive.