Which of the following did not occur during the Industrial Revolution?
A)Production became more reliant on highly specialized equipment.
B)A more efficient division of labor was promoted.
C)Workers bore much of the costs of production.
D)The transaction costs of contracting with individual resource owners were reduced.
E)Technological development increased the productivity of most workers.

Question

Quizplus · Accepted Answer

During the Industrial Revolution, workers often faced poor working conditions and low wages, but they did not bear the costs of production. These costs were typically borne by factory owners or investors.

Which of the Following Did Not Occur During the Industrial