Which of the Following Did Not Occur During the Industrial

question 54

Multiple Choice

Which of the following did not occur during the Industrial Revolution?

• A)worker productivity increased
• B)factories became larger
• C)direct supervision of labor decreased
• D)division of labor increased
• E)fewer stages of production were organized in the household

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Definitions:

Centrally Planned Economies

Centrally planned economies are those in which the government or central authority makes all decisions regarding the production and distribution of goods and services.

Lack Of Coincidence

The situation where potential barter trades do not occur due to the absence of a mutual want by the parties involved, a challenge in barter systems.

Substantial Losses

Significant financial shortfalls resulting from business activities or investments, typically impacting a company's bottom line.

Competitive Industry

An industry characterized by a marketplace with many sellers and buyers, ensuring no single participant has significant market power.