In Which Industry Is Factoring a Common Practice

question 29

Multiple Choice

In which industry is factoring a common practice?

• A)automobile
• B)tech services
• C)entertainment
• D)apparel

---

Definitions:

Farm Productivity

The measure of output (crop or livestock) produced per unit of input (such as land, labor, or capital) on a farm.

U.S. Farm Products

Agricultural goods produced in the United States, which include a wide range of food and raw materials.

Foreign Tariffs

Taxes imposed by a government on goods and services imported from other countries, often used to protect domestic industries.

Agricultural Commodities

Basic goods used in food production and obtained from farming activities, like grains, livestock, and dairy.