Which of the following is not a reason why the Industrial Revolution occurred when and where it did?
A) The British government was able to more easily seize wealth.
B) Institutional changes by the British government helped protect wealth.
C) The British government was committed to upholding private property rights.
D) The British government was able to eliminate arbitrary increases in taxes.
A
You might also like to view...
The original intent of the Federal Reserve Act of 1913 was to provide the Fed with what role?
A) regulator of the banking system B) lender of last resort C) manage the exchange rate D) maintain a balanced budget
Which of the following is most likely to result from an increase in the demand for computer technicians?
a. an increase in the wages of computer technicians, which will attract additional technicians in the long run b. an increase in the employment of computer technicians, which will depress current wage rates but eventually lead to higher wage rates for technicians c. a decline in the number of persons preparing themselves for careers as computer technicians d. lower wage rates and a shortage of computer technicians
Which of the following has been a century-long trend in the United States?
A. Decline of total value of world trade. B. Relative decline in service sector to manufacturing. C. Relative decline in manufacturing to the service sector. D. Relative increase in farming to manufacturing.
The tax that brings in the most revenue in the United States is the
A) capital gains tax. B) corporate income tax. C) Social Security tax. D) personal income tax.