The English created new taxes on the colonists, who claimed that only their own elected representatives had that power.
The correct answer is Option A) increase their profits in a competitive environment.
By paying low wages, factory owners were able to increase their profits in a competitive environment.
Labor costs made up a large portion of a factory's costs followed by machinery, maintenance and stock.
The easiest way to reduce costs for any factory or business at the time was to simply pay workers poorly. Since there were hardly any legislation for employees, and the fact that unemployment and poverty was very high, factory owners were able to exploit workers in order to make as much profit as they could.
The second one is the correct one
A major invention that led to a profound change in preindustrial society was the <u>Plow</u>.
Thanks to the plow:
- Increased the ease at which cultivation could be done.
- Decreased the time taken to farm.
As a result of the plow decreasing time taken to work in agriculture, people were able to engage in other activities instead of just farming. This led to the introduction of other economic activities.
In conclusion, the plow was immensely helpful to preindustrial society.
<em>Find out more about the </em><em>plow </em><em>at brainly.com/question/1266843.</em>
David Lloyd george of britain
