Which of the Following Explains Why Some Areas Did Not

question 40

Multiple Choice

Which of the following explains why some areas did not industrialize?

• A) They did not possess enough Enlightenment thinkers.
• B) The church was not as powerful in some areas.
• C) Monarchs would not support any institution that gave commoners any economic power.
• D) Those areas that did not industrialize did not possess one or more of the factors needed for success.
• E) None of the options are correct.

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Definitions:

Contract Price

The agreed-upon amount of money one party will pay another in exchange for the fulfillment of agreed-upon obligations.

Market Price

The going rate at which a service or an asset is available for buy or sell in the particular market.

Actual Price

The real, final amount paid for goods or services, including all discounts, charges, and taxes.

Assurance of Performance

A guarantee or promise that certain conditions will be met or certain results will be achieved in a contractual agreement.