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How did the capitalism investors in the the late 1800s help fuel the development of new technologies?
Wiki User
∙ 10y ago
J.P. Morgan invested heavily in electricity through Edison R&D as did Westinghouse with Tesala.
Wiki User
∙ 10y ago
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How did capitalists (investors) in the late 1800s help fuel the development of new technologies?
I am guessing you live in Michigan. I know what school you go to as we had the same questions.
What can The economic system of the US in the late 1800s can best be described?
Capitalism
What characteristic of economic panics in the early 1800s?
the boom and bust cycle of capitalism
What coused the economic panics of the 1800s?
e boom and bust cycle of capitalism
What effect did the supreme court have on economic development?
Some effects that the supreme court had on economic development were that the rulings reinforced capitalism as the ruling economic system in the U.S. Somewhere in the early 1800s, the Supreme Court made several rulings that helped define federal power over contracts and commerce. As aforementioned, these rulings reinforced capitalism as the ruling economic system in the United States.
The driving force in many of the revolutions of the 1700s and 1800s was?
The driving force that stimulated the revolution in the 1700 and 1800s was capitalism. Many industries wanted to make money.
What were the economic reasons for economic expansion by the late 1800s?
Increase in capital (i.e. foreign investors) Abundant resources Inventions and Innovations Large workforce
Why did productivity rise in the 1800s?
development in Natural Resources
What developments throughout the 1800s changed corporate finance in fundamental ways?
extensive development of railroads, which independently became strong bastions of finance capitalism. During this period, preferred stock and debt became popular means of financing corporations
Why did England prosper?
For most of English history, the country was little more than self-sufficient. English prosperity really came about in the late 18th and early 19th century where England was on the forefront of modern economic theories. It was due to the early embrace of domestic capitalism, fed by the raw materials of the colonies (especially India and the Caribbean), and the development of industrial manufacture, that accelerated English development. With improved technologies and methods of production, England took its place as the most powerful empire in the world by the end of the 1800s.
What invention in the 1800s brought about development of autos?
engines
A literary development or movement during the 1800s was?
Romanticism
