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questions 1. a. how did capitalists (investors) in the late 1800s help …

Question

questions

  1. a. how did capitalists (investors) in the late 1800s help fuel the development of new technologies?

b. how did the invention of the telegraph and telephone revolutionize communications?
c. which invention do you think had the greatest impact on america in the 1800s - oil drilling, the bessemer process, or electricity? give at least two reasons to justify your choice.

Explanation:

Brief Explanations

a. Capitalists used their funds to invest in new - tech projects in the late 1800s. New technologies like the telegraph, telephone, and electricity opened up new business opportunities, and capitalists saw potential for profit. For example, they could invest in telegraph companies to expand communication networks, which in turn could boost trade and business operations.
b. The telegraph and telephone revolutionized communications. The telegraph allowed for rapid long - distance communication through Morse code, enabling businesses to send and receive important information quickly, like market prices and business deals. The telephone made communication even more immediate and personal, facilitating faster decision - making in business and improving social connections.
c. Among the inventions (oil drilling, Bessemer process, electricity), electricity likely had the greatest impact. It powered new industries like the electrical appliance industry and lighting. It also enabled the development of electric motors, which revolutionized manufacturing processes, making factories more efficient. For example, electric motors could be used to power machinery in factories, replacing less efficient steam - powered systems.

Answer:

a. Capitalists invested in new technologies in the late 1800s because they saw potential for profit in new business opportunities opened up by inventions like the telegraph, telephone, and electricity.
b. The telegraph and telephone revolutionized communications by allowing rapid long - distance and immediate personal communication respectively, which improved business and social interactions.
c. Electricity likely had the greatest impact on America in the 1800s as it powered new industries and made manufacturing more efficient with electric motors.