help,
During the war, entrepreneurs sucha as Robert Woodruff prospered by
a. agreeing to refrain from lockouts
b. creating new markets for their products
c. rejecting the "cost-plus" systems
d. organizing the Office of War Mobilization
thanks
Have you Googled Robert Woodruff?
no, i'll do that
To determine the correct answer, we need to analyze the options provided:
a. Agreeing to refrain from lockouts: This refers to a labor action where employers prevent workers from entering the workplace during a dispute. However, in the context of the war, it is unlikely that refraining from lockouts would directly lead to entrepreneurs prospering.
b. Creating new markets for their products: This option suggests that entrepreneurs found new opportunities to sell their products during the war. This is a plausible explanation, as wartime often leads to increased demand for certain goods and services.
c. Rejecting the "cost-plus" systems: The "cost-plus" system was a method used during the war to determine the price of government contracts. Entrepreneurs were reimbursed for their expenses and awarded additional profit, typically a percentage of the production cost. While rejecting this system wouldn't necessarily guarantee a prosperous outcome, it could potentially lead to better financial conditions for entrepreneurs.
d. Organizing the Office of War Mobilization: The Office of War Mobilization was a government agency responsible for coordinating industrial production during the war. While entrepreneurs might have benefited indirectly from this organization's efforts, it is unlikely that organizing it itself would directly lead to their prosperity.
Based on the analysis, the most likely answer is b. Creating new markets for their products. Entrepreneurs likely found opportunities to sell their goods and services due to the increased demand and specific needs arising from the war.