How Did the First Capitalist Ventures Differ from the Business

question 28

Multiple Choice

How did the first capitalist ventures differ from the business practices of medieval guilds?

• A)As trade routes developed to distant markets,capitalist industries began to produce surpluses of goods.
• B)Global warming led to increased population,creating more consumers and thus stimulating the need for more goods.
• C)Guilds regularly oversaturated their markets,leading to economic hardship.
• D)Capitalist ventures understood that the goal of an isolated community is self-sufficiency.
• E)Increased opportunities to trade removed workers' motivation to produce surpluses.

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Definitions:

Season Ticket Holders

Individuals or entities that possess tickets granting them access to a series of events, typically sports games or concerts, for a particular season.

Margin of Error

An expression of the amount of random sampling error in survey results, indicating how much the survey results might differ from the true population values.

Margin of Error

An expression of the amount of random sampling error in a survey's results, indicating a confidence range within which the true value lies.

Sampling Error

The difference between a sample statistic and the corresponding population parameter, arising due to the fact that the sample is not a perfect representation of the population.