Between 1950 and Today There Was a

question 154

Multiple Choice

Between 1950 and today there was a

• A) 20 percent drop in the number of farmers, but farm output more than tripled.
• B) 30 percent drop in the number of farmers, but farm output more than tripled.
• C) 50 percent drop in the number of farmers, but farm output more than doubled.
• D) 70 percent drop in the number of farmers, but farm output more than doubled.

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Definitions:

Cycle Time

The total time from the beginning to the end of a process, operation, or cycle, often used to assess efficiency and productivity in manufacturing and other processes.

Raw Materials

Basic materials from which products are made, typically extracted natural resources or agricultural products.

Finished Good

A product that has completed the manufacturing process and is ready for sale to consumers or other buyers.

Internal Auditing

The independent and objective evaluation of an organization's financial and operational activities, typically performed by in-house staff.