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dezoksy [38]
4 years ago
7

There is no correlation between the industrial revolution and social economic changes.

Business
1 answer:
Crazy boy [7]4 years ago
4 0

Answer:

False

Explanation:

The industrial revolution resulted in higher standards of livings, better jobs for the working class, and generally speaking a much more comfortable life for most of society's members.

Manufactured products started to lower their prices since total output increased, and common middle class working people were able to purchase them.

European nations became dominant, especially the United kingdom. For the first time in history, China was not the most powerful nation in the world.

The positive effects of the industrial revolution were felt by the middle class, factory owners, business people (bourgeoisie), landowners and governments.

Of course not everything was good, a lot of negative effects came along with the industrial revolution. When cities started to grow due to migration from the countryside to large cities, slums were created, child labor became common and the differences in educational level increased. Working conditions in the factories were not that good either, with long hours and conditions that would currently be considered inhumane.

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You deserve some points happy holidays!
andrew11 [14]

Answer:

thxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx u toooo

Explanation:

7 0
3 years ago
Read 2 more answers
Lyle and Miranda agree that Lyle will fix the refrigeration unit in Miranda’s Bagel Café in exchange for her payment of a debt t
r-ruslan [8.4K]

Answer:

Option B

New Credit

Explanation:

An Intended Beneficiary refers to a third-party beneficiary that will benefit from the contract between two other parties.

In this case, New Credit is the intended beneficiary. This is  because the original contract is between Lyle and Miranda. However, the terms of the contract bring New Credit in to the picture, as a party who is to have some benefits accrued to him before the contract to be fulfilled.

Hence, in this case, New Credit is the intended beneficiary because he is a third party that is benefiting from the fulfillment of Lyle and Miranda's contract

7 0
3 years ago
The Federal Reserve manages the nation’s currency and money supply by manipulating interest rates and acting as a lender to bank
Tomtit [17]

Answer: Setting interest rates and acting as a lender to banks

Explanation: The Fed or the Federal reserve is a central banking authority in any nation. It is responsible for maintaining the money supply in the economy. Some of the functions performed by the central bank are,

a. Setting interest rates and acting as a lender to banks

b. Print currency notes and coins

c. Setting the repo and the reverse repo rates

d. Clearing inter bank payments.

Therefore, the correct option is Setting interest rates and acting as a lender to banks.

5 0
4 years ago
Read 2 more answers
Alison's dress shop buys dresses from McGuire Manufacturing. Alison purchased dresses from McGuire on July 17 and received an in
gavmur [86]

Answer:

$5,940

Explanation:

<em><u>Purchase under Net method</u></em><em>:</em>

= Gross profit - Discount

= $6,000 - (1% of $6,000)

= $6,000 - $60

= $5,940

Therefore, Alison should record the purchase at $5,940.

3 0
3 years ago
Last year, Fabre Company produced 20,000 units and sold 18,000 units at a price of $12. Costs for last year were as follows: Dir
Dennis_Churaev [7]

Answer:

d.$7,200

Explanation:

For computing the ending inventory, first, we have to compute the per unit product cost which is shown below:

= (Direct materials cost + Direct labor cost + Variable factory overhead cost) ÷ Number of units produced

= ($25,000 + $35,000 + $12,000) ÷ 20,000 units

= $72,000 ÷ 20,000 units

= $3.6

Now the ending inventory equal to

= Ending inventory units ×  per unit product cost

= 2,000 units × $3.6

= $7,200

The ending inventory = Sales units - produced units

                                    = $20,000 - $18,000

                                    = $2,000

6 0
3 years ago
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