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Author Question: Which of the following was NOT a part of the American system of manufacturing? (a) ... (Read 78 times)

HudsonKB16

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on: Jun 30, 2018
Which of the following was NOT a part of the American system of manufacturing?
 
  (a) Interchangeable and standardized parts
  (b) Use of indentured servants
  (c) Mass production
  (d) High capital intensities of production

Question 2

Suppose that Firestone Tires buys raw rubber for 5,000 and then uses this to make tires it sells for 20,000 . As a result, GDP has risen by:
 
  a. 20,000
  b. 5,000
  c. 15,000
  d. 25,000


sierramartinez

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Reply #1 on: Jun 30, 2018
Answer to Question 1

(b)

Answer to Question 2

A


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