During the Industrial Revolution, Which Began in the _____ Century

question 36

Multiple Choice

During the Industrial Revolution, which began in the _____ century, the application of steam power and later oil and electricity as energy sources for industry, mining, manufacturing, and transportation brought fundamental changes to the economy, the nature of work, family organization, and a transition from rural to urban life.

• A) 17th
• B) 18th
• C) 19th
• D) 20th

---

Definitions:

Tax Liability

The total amount of tax that an individual or organization owes to the tax authorities.

401k Contributions

401k contributions are pre-tax or post-tax money individuals contribute to their 401k retirement savings plan, often matched by their employer to some extent.

Biweekly Paycheck

A payment method where employees receive wages every two weeks, resulting in 26 paychecks per year.

Compounded Monthly

The interest calculation method where interest is added to the principal balance monthly, leading to interest on interest.