Small Workshops Run by Skilled Workers Who Produced Hand-Manufactured Products

question 63

Multiple Choice

Small workshops run by skilled workers who produced hand-manufactured products was a system known as:

• A)NUMMI
• B)Small batch production
• C)Mass production manufacturing
• D)Crafts production
• E)Automation

---

Definitions:

Exports

Items or services created in one country and traded to customers in another country.

Net Exports

The value of a country's total exports minus the value of its total imports, representing the net trade balance.

GDP

Gross Domestic Product, the total value of all goods and services produced over a specific time period within a country’s borders.

Investment

The expenditure on capital goods including buildings, machinery, and equipment, intended to enhance future production or yield future returns.