Which of the following statements is NOT true about what Francis Cabot

Which of the following statements is NOT true about what Francis Cabot Lowell contributed to the development of the Industrial Revolution in America?

A) Lowell, along with his business partners, recreated British-style looms that permitted the production of a cotton fabric in a large factory.
B) Lowell and his business partners created multi-shareholder corporations that could raise more money than any one individual could provide and reduce risk to investors.
C) Lowell and his colleagues built towns similar to Lowell that housed large factories using the Merrimack River to power mills that could turn cotton into cloth for a domestic and international market at an enormous rate.
D) Lowell and his colleagues first turned to single young men from cities as workers for their giant looms and mills.

 

ANSWER
Answer: D

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