객관식
Which of the following is a characteristic of a good economic forecast?
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0. Basic Principles of Economics
Introduction to Economics
객관식
Who benefited the most from the domestic system during the early stages of industrialization, and why?
A
Rural workers, because they had complete autonomy over their production and could set their own prices.
B
Neither group benefited, as the domestic system was inefficient and unprofitable for all involved.
C
Both merchants and rural workers benefited equally, as profits were shared fairly between them.
D
Merchants, because they controlled the supply of raw materials and set the prices for finished goods.
검증된 단계별 안내1
Step 1: Understand the domestic system, also known as the putting-out system, which was a production method where merchants supplied raw materials to rural workers who produced finished goods at home.
Step 2: Identify the roles of the two main groups involved: merchants controlled the distribution of raw materials and the market for finished goods, while rural workers performed the labor-intensive production tasks.
Step 3: Analyze the power dynamics: merchants had control over prices and supply, giving them leverage to maximize profits, whereas rural workers had limited bargaining power and often accepted lower wages.
Step 4: Consider the economic incentives: merchants benefited from controlling the entire production chain and setting prices, while rural workers had less autonomy and earned income primarily from wages, not profits.
Step 5: Conclude that merchants benefited the most because their control over raw materials and pricing allowed them to capture the majority of the economic gains during the early industrialization period.
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