All of the Following Statements Are Reasons Why Child Labor

question 17

Multiple Choice

All of the following statements are reasons why child labor was problematic EXCEPT:

• A) child laborers took well-paying jobs from legal immigrants
• B) child laborers often received no education
• C) children suffered three times as many accidents as adults
• D) a child working in a textile mill was only half as likely to reach the age of twenty as a child outside a mill
• E) child laborers often worked dangerous jobs

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Definitions:

Current Cost

The amount of money that would have to be paid currently to replace an asset or to purchase a service.

Net Realizable Value

The estimated selling price of goods, minus the cost of their sale or completion.

Exit Value

The estimated amount that an asset or investment could be sold for at the end of its useful life.

Economic Resource

Assets or inputs that have the potential to contribute to the production of goods and services, providing economic benefit to businesses or individuals.