Answer: production cost
Explanation: profit equals the total amount of money made minus the production cost. In financial terms, you have a profit when the amount of revenue gained from a business interaction surpasses its expenses as well as cost and taxes.
Industrialization went hand in hand with democratic institutions and respect for private property. To the extent working people constituted a unified block of voters, they had to be listened to.
<span>Now, let me ask you a question: What does your question really ask? That is to say, what do you mean by "the major industrial nations of the west"? In what way are they different from the "working people" who live in them? Or, do you think that all John D. Rockefeller did was sit around all day and let money flow into his pocket like honey from a pot? Guys like E.H. Harriman worked very, very hard. So, does your question really make any sense?</span>
Answer:
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