Neo-Luddites

question 32

Multiple Choice

Neo-Luddites

• A)destroyed some of the machinery used in the early Industrial Revolution,when they raided factories at night.
• B)have questioned the incessant expansion of industrialization.
• C)were early supporters of Marxism.
• D)both destroyed some of the machinery used in the early Industrial Revolution and were supporters of Marxism.

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Definitions:

Unit Cost

The cost incurred by a company to produce, store, and sell one unit of a particular product or service.

Employer Contribution

The amount of money that an employer adds to an employee's benefits, such as retirement plans or health insurance.

Employee Contribution

The portion of income, investment, or expense that is provided by an employee, often related to benefits or retirement plans.

Employee's Salary

A fixed regular payment, typically paid on a monthly or biweekly basis but often expressed as an annual sum, made by an employer to an employee.