During Which Period Did Mass Production Reduce Duplication of Equipment

question 176

Multiple Choice

During which period did mass production reduce duplication of equipment and allow firms to purchase raw materials at better prices?

• A) Entrepreneurial era
• B) Industrial Revolution
• C) Production era
• D) Colonial period
• E) Marketing era

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Definitions:

Randomization

A method used in experiments to ensure every participant has an equal chance of being assigned to any group, reducing bias.

Independent Variables

Variables in an experiment that are manipulated or changed to observe their effects on dependent variables.

Research Allegiance Bias

A form of bias that occurs when researchers' preferences, beliefs, or allegiances affect the outcome or interpretation of a study.

Subjective Process Variables

Variables in research that are based on personal feelings, tastes, or opinions, affecting the study's process or outcomes.