From a Business Perspective, the Poor Working Conditions Endured by Workers

question 90

Multiple Choice

From a business perspective, the poor working conditions endured by workers in the early part of U.S. industrialization were most problematic because:

• A) Workers should have better lives than that.
• B) Workers were willing to put up with anything to keep a job, thus turnover rates were too low.
• C) Workers lacked purchasing power which kept product demand artificially low.
• D) The government threatened to impose minimum wage and working conditions laws.

---

Definitions:

Present Value

Present value is the current worth of a future sum of money or stream of cash flows, given a specified rate of return, adjusting for the time value of money.

Annuity

An annuity is a financial product that pays out a fixed stream of payments to an individual, typically used as an income stream for retirees.

Internal Rate of Return

A financial metric used to evaluate the profitability of potential investments, measuring the rate of return where the net present value of all cash flows from a particular project equals zero.

Present Value Factors

Mathematical factors used in calculating the present value of future cash flows, considering the time value of money.