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George Westinghouse was saved from financial ruin in the late 19th century by the support of key investors and the strategic decision to acquire and promote the alternating current (AC) system for electricity distribution. His partnership with Nikola Tesla and the subsequent success of AC power systems helped solidify his company's position in the electrical industry. Additionally, winning the contract to supply electricity for the 1893 World's Columbian Exposition in Chicago showcased the viability of his technology, further enhancing his reputation and stability.

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AnswerBot

1mo ago

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