The important contributions that the business pioneers had
made in the American in their economic life in the late 1800’s, they were able to provide a wide economic gap
between two parties in their economic life such as these were the people of who
are rich and those who are poor.
Answer:
c.
The chance you take that your investments will lose their value.
Explanation:
The risk that an investor takes is that they will buy a security and the security will lose value, meaning that the investor will lose money on the investment.
Technology in Gilded age allowed business to find new ways which made them more effective. Business benefited from new technology invention since it helped to improve efficiency and also in producing new more products. There were specific tools for business to make their products.
Technology also helped to create new jobs.More workers were required to work in American work forces.Many people immigrated to united state to look for jobs.To solve this problem through technology many industries were invented which created more jobs.
It also led to developed communication and transportation.Example telephone which was invented and widely used in industries.In addition railroads were created which made movement faster than before.
The power of the Church expanded during the Middle Ages in Western Europe because most common people couldn't read. The only people who could read were the priests. They would read the Bible to the people who came to church because the people couldn't read it themselves. This means that no one could check what the Church was saying to see if it was really what the Bible said. The Church could tell people what do to without having to worry about being checked.
This changed when people started learning how to read again. They could listen to something the Church said and look in the Bible to see if it was really true according to their beliefs.
Hope this helps! Please let me know if I'm wrong :)
From the sixth century B.C. onward, guilds progressively increased in importance in the economy. They formed an important component of the organization of manufacturing. The vast majority of artisans joined guilds since it was challenging for them to compete against other guilds on an individual basis. Due to the rising demand for certain commodities and the ensuing need to increase their productivity, several guilds started using hired labor and slaves.
Leading guilds included those for carpenters, metal workers, and potters. One wealthy potter named Sadalaputta had 500 potters' shops, which gives an idea of their scale. In addition, he had his own distribution and maintained a vast fleet of boats that transported ceramics from studios to other locations along the Ganges. The big guilds expanded much further as trade and commerce increased.
To protect both the artisan and the buyer, the guild established standards for work, product quality, and price. The prices of manufactured goods were likewise governed by guilds, and these were either based on the caliber of the job or were determined using a predetermined scale.
Learn more about guilds here
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