Which Is Not a Social and Economic Factor That Made

question 69

Multiple Choice

Which is not a social and economic factor that made the penny press possible?

• A) Printing presses
• B) Literacy
• C) Immigration
• D) Urbanization
• E) Industrialization

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Definitions:

Credit

An accounting entry that either increases a liability or equity account, or decreases an asset or expense account.

Assets

Resources owned by a business or individual that have economic value and can be used to meet debts or commitments.

Liabilities

Financial obligations or debts owed by a business to external parties or entities, which must be settled over time through the transfer of economic benefits.

Revenue

The total amount of money received by a company from its business activities, such as selling goods or services, before any expenses are subtracted.