How Did the Origins of Industrialists Change as the Industrial

question 6

Multiple Choice

How did the origins of industrialists change as the Industrial Revolution progressed?

• A)More industrialists emerged from the working classes as they became familiar with the new machine technology.
• B)More industrialists emerged from the working classes, as creditors recognized the vast profits in new enterprises and were willing to assume more risk in new ventures.
• C)Industrialists increasingly emerged from the migrant communities, who carried new technologies across borders.
• D)It became harder to form new firms, and instead, industrialists were increasingly likely to have inherited their wealth.

Identify examples of classical conditioning in everyday life and experimental contexts.

Recognize the historical origins and discoveries related to classical conditioning, including key researchers.

Describe the processes of acquisition, extinction, spontaneous recovery, and stimulus generalization in classical conditioning.

Apply principles of classical conditioning to hypothetical scenarios and real-world situations.

---

Definitions:

Opportunity Cost

The potential benefit that one misses out on when choosing one alternative over another.

Trade

The activity of buying, selling, or exchanging goods and services between people, firms, or countries.

Comparative Advantage

The ability of a country or firm to produce a particular good or service at a lower opportunity cost than its trade partners.

Opportunity Cost

The cost of foregoing the next best alternative when making a decision. It represents the benefits an individual, investor, or business misses out on when choosing one alternative over another.