The innovation of Transportation and Communication act as catalyst for Market Revolution in the 18th Century.
The term "Market Revolution" describes a fundamental transformation to the U.S. economy in the 18th and 19th Century as a result of widespread mechanization of industry and the expansion of various domestic and foreign economic markets.
The revolution brought about an explosive economic growth and new personal wealth in the country.
The impact of the transportation and communication industry brought about the increased improvement in Market Revolution because its speed and lowered the expense of commerce during the period.
Therefore, in conclusion, the Transportation and Communication are the catalyst for the Market Revolution.
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Answer:
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Explanation:
Answer:
Amount of cash at the end of one year is $16,200
Explanation:
Amount invested = $15,000
Rate of return = 8%
Amount at the end of one year = $15,000 + (0.08×$15,000) = $15,000 + $1,200 = $16,200
Answer:
D. higher skilled workers were used that performed the task faster than expected.
Explanation:
Labor efficiency variance gives the relationship between the number of direct labor hours you budgeted and the actual hours worked for by the staff.
A favorable direct labor efficiency variance might indicate that higher skilled workers were used that performed the task faster than expected and thus resulting in higher profits.
Answer:
responsiveness
Explanation:
With respect to the key dimensions of service quality, promptly crediting returned merchandise and rapidly replacing defective products is an example of<u> responsiveness</u>
