Which of the Following Is a Reason Why the Industrial

question 164

Multiple Choice

Which of the following is a reason why the Industrial Revolution began in England, and not in China, India, Africa, or Japan?

• A)The British system ensured the property rights of entrepreneurs.
• B)English inventors were more productive than those in other countries.
• C)British government was less stable than those in other countries.
• D)The British people had a longer history of embracing technological change.
• E)The British Navy prevented China from growing.

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Definitions:

Statute of Frauds

A law that requires certain types of contracts to be in writing and signed to be legally enforceable.

Enforceability

The characteristic of a legal agreement or obligation that makes it legally binding and capable of being upheld or imposed in a court of law.

Reliance

The act of depending or trusting in something or someone, often involves confidence placed in a party during contractual agreements.

Specific Performance

A legal remedy in contract law requiring a party to execute the contract according to its exact terms rather than paying monetary damages.