Question

Business owners formed corporations during industrialization to A. gain the right to vote. B. raise money to buy expensive machinery. C. obey government requirements. D. lower their tax rates.

Answer 1

B. raise money to buy expensive machinery.

Answer 2

Answer:

Option B.

Explanation:

To raise money to buy expensive machinery, is the right answer.

The Industrial Revolution was a period of time in which some significant inventions took place. It was a period which marked a transformation from the rural to the urban economy or from the agrarian to the industrial economy. Big businesses during this time formed various corporations to buy expensive machinery. The main reason behind forming such corporations was the need to raise money.