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Question
complete the graph and answer the questions for each reading section. s and technologies (pp. 144 - 147). rds to complete the graph. 1. how did capitalists (investors) in the late 1800s help fuel the development of new technologies? 2. how did the invention of the telegraph and telephone revolutionize communications? 3. 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.
Brief Explanations
- Capitalists provided financial resources. They invested money in research - and - development, enabling inventors to work on new technologies without financial stress. They also took risks on unproven ideas, which was crucial for innovation.
- The telegraph and telephone revolutionized communications by allowing rapid long - distance communication. Messages could be sent and received in minutes or seconds instead of days or weeks via traditional mail. They also connected different regions more closely, facilitating business, news sharing, and personal communication.
- Electricity likely had the greatest impact. Reason 1: It powered new industries such as electric lighting, which extended working hours and improved safety. Reason 2: It enabled the development of electrical appliances and machinery, transforming daily life and manufacturing processes.
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- Capitalists provided financial support and took risks on new ideas to fuel technology development.
- They allowed for rapid long - distance communication and closer regional connections.
- Electricity. Reasons: Powered new industries and enabled development of new appliances and machinery.