During the Industrial Revolution, steel was made in machines called Blast Furnaces.
It wasn't until around 1856, when Henry Bessemer create a process called the Bessemer Process, that made steel cheap and quick to make.
In the Bessemer Process, molten iron is converted to steel by blowing air through it after it was removed from the furnace. The air blast burned the carbon and silicon out of the iron, releasing heat and causing the temperature of the molten metal to rise.
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Answer:
- Employment opportunities in banking and finance have increased.
- Since the 1990s, wages for banking and finance employees have doubled.
Explanation:
North Carolina has a rich history in the financial industry, The development of the state’s banking capital can be outlined to several advantages, some of which were structural and some of which were the results of the actions of individual firms.
The banking and finance business remains an important segment of North Carolina's economy, showing a steady increase in the number of corporations, employment, and earnings figures from 1992 to 2002.
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