Which of the Following Did NOT Contribute to England's Advantage

question 18

Multiple Choice

Which of the following did NOT contribute to England's advantage over France in the advance of industrialization?

• A)an efficient transportation system
• B)the equal division of land among the heirs to noble families
• C)religious toleration
• D)better financial institutions
• E)the custom of primogeniture

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Definitions:

Planning Budget

A budget prepared for a future period that outlines expected revenues, expenses, and other financial activities to guide decision-making.

Equipment Depreciation

This refers to the accounting process of allocating the cost of physical assets over their useful lives to account for the loss in value.

Spending Variance

The difference between the actual expenditure and the budgeted amount.

Machine-Hours

A measure used to allocate manufacturing overhead costs to products based on the number of hours machines are used in the production process.