ent/take/launch.jsp?course assessment_id=656749_1&course_id = 169797_18.content QUESTION 5 Which one of the following is NOT one of the conditions that favored Industrialization in the United States? O a. The US domestic market was rapidly growing b. Raw materials were plentiful Oc Wages were lower than in Europe Od Labor was relatively scarce. QUESTION 6 The information revolution involves the replacement of human processing of information with computer processing of information O True False QUESTION 7 Which one of the following statements about technology and globalization is INCORRECT? The development of technology is generally associated with the disappearance of specialization and increased trade O Trade allows individuals and companies who experience a technological change to become better at what they do. Trade allows companies to take advantage of economics of scale. o la company can produce something more cheaply in can out-compete other companies and make enormous profits. QUESTION 8 The mechanization of production means there is little or at least reduced need for a human skills True False ent/take/launch.jsp?course assessment_id=656749_1&course_id = 169797_18.content QUESTION 5 Which one of the following is NOT one of the conditions that favored Industrialization in the United States? O a. The US domestic market was rapidly growing b. Raw materials were plentiful Oc Wages were lower than in Europe Od Labor was relatively scarce. QUESTION 6 The information revolution involves the replacement of human processing of information with computer processing of information O True False QUESTION 7 Which one of the following statements about technology and globalization is INCORRECT? The development of technology is generally associated with the disappearance of specialization and increased trade O Trade allows individuals and companies who experience a technological change to become better at what they do. Trade allows companies to take advantage of economics of scale. o la company can produce something more cheaply in can out-compete other companies and make enormous profits. QUESTION 8 The mechanization of production means there is little or at least reduced need for a human skills True False