Answer: B is factory system and A is cottage system
Explanation:
Picture B shows us rows and rows of what seems to be sewing machines. So we can just assume A is not the factory system.
Answer:
Some workers lost their jobs.
Explanation:
Answer: asymmetric information
Explanation: This phenomenon happens when there is a knowledge gap between two parties, meaning when one party has more knowledge about a subject matter than the other. For example a property owner who wants to sell a particular property has more information about the property than the buyer. This problem is common in the financial industry, for example a loan officer has all the information and conditions that surrounds giving out a loan than the customer taking the loan. This situation could lead to making decisions with negative repercussions.
