Unit Test Answers

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1
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Among the changes that labor reformers wanted after the Industrial Revolution was

m
more jobs for untrained workers.
a
a ban on child factory workers.
j
jobs for women factory workers.
e
equal pay for owners and workers.
2
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best

t
to reduce the number of responsibilities
t
to make it easier to raise funds for expansion
t
to move into a more favorable tax bracket.
t
to take advantage of little government oversight.
3

Articles of partnership establish

h
how businesses can raise capital.
w
what business taxes are paid.
h
how profits and losses are divided.
w
what is included in a charter.
4

Two doctors who join forces in business form a.

Answer not available
5

What is a major factor in the decline of some occupations, such as those in the textiles and clothing industries?

s
shifting consumer tastes
o
overseas labor costs
c
changing technologies
a
aging populations
6

The development of many new businesses helps limit

u
unemployment.
t
taxation.
r
revenue.
r
risk.
8

What circumstances during the early days of industrialization led to a need for reform? Check all that apply.Factory equipment was dangerous to operate.There were too few capable workers to fill positions.There was little government regulation of workplaces.A typical work shift might be twelve to sixteen hours long.It was very expensive to keep factories running.

F
Factory equipment was dangerous to operate.
T
There were too few capable workers to fill positions.
T
There was little government regulation of workplaces.
A
A typical work shift might be twelve to sixteen hours long.
I
It was very expensive to keep factories running.
9

most likely

c
cooperatives give majority owners the most control, while franchises make decisions with a parent company.
c
cooperatives make it easy to accumulate supplies, while franchises come with supplier relationships already in place.
c
cooperatives are well financed by members, while franchises must raise large sums of money to launch a business.
c
cooperatives allow all owners to share profits, while franchises are required to share profits with a parent company.
10

Labor unions were certain to advocate for the best interests of workers because

t
the government shut down factories that did not improve work conditions.
t
the top factories were run by owners who wanted to retain their workers.
t
the government required all labor unions to promote workplace reform.
t
the labor unions were created by workers and made up of workers.
11

similardifferentallrandom

A
similar
B
different
C
all
D
random
12

Successful entrepreneurs contribute to the economy by

b
becoming wealthy.
e
expanding markets.
e
encouraging free trade.
c
creating business strategies.

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