Which of the Following Is Not a Reason Why the Industrial

question 173

Multiple Choice

Which of the following is not a reason why the Industrial Revolution occurred when and where it did?

• A)The British government was committed to upholding private property rights.
• B)The British government was able to eliminate arbitrary increases in taxes.
• C)The British government was able to more easily seize wealth.
• D)Institutional changes by the British government helped protect wealth.

---

Definitions:

Critical Value

A point on the scale of the test statistic beyond which we reject the null hypothesis, significant in hypothesis testing.

Level of Significance

The probability of rejecting the null hypothesis in a statistical test when it is actually true; a measure of the risk of making a Type I error.

Proportions

A statistical measure that reflects the size of a part compared to the whole, typically expressed as a fraction or a percentage.

Level of Significance

The probability of rejecting the null hypothesis in a statistical test when it is actually true, typically set prior to conducting the test.