What Was the Most Influential Factor in Our Economic Development

question 69

Multiple Choice

What was the most influential factor in our economic development during the 19th century?

• A)The abundance of capital
• B)The abundance of labor
• C)Mass production
• D)The abundance of land

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Definitions:

Precise Recommendations

Detailed and specific suggestions or guidelines intended to achieve an objective or solve a problem.

Businesses

Organizations engaged in the provision of goods or services with the primary aim of making a profit.

Tradable Pollution

A system where companies or countries can buy or sell allowances to emit a certain amount of pollutants, with the aim of reducing overall emissions.

Cap-And-Trade

An environmental policy tool that limits greenhouse gas emissions by allocating emission allowances and permitting the trading of these allowances among emitters.