Question

how did entrepreneurs fuel the second industrial revolution?

• by funding new industries
• by abandoning capitalism
• by exporting goods to asia
• by supporting the gold standard

question 3 (02.01 lc) 5 pts

which industry did not exist in the united states until the second industrial revolution?

• steel
• mining
• railroad
• shipping

Explanation:

Analyze the first question

The first question asks: "How did entrepreneurs fuel the Second Industrial Revolution?"

• Entrepreneurs invested capital to build and expand factories, research new technologies, and develop infrastructure.
• This process is best described as funding new industries.
• Abandoning capitalism, exporting goods exclusively to Asia, or supporting the gold standard do not represent the primary way entrepreneurs fueled this industrial expansion.

Analyze the second question

The second question asks: "Which industry did not exist in the United States until the Second Industrial Revolution?"

• Mining, railroads, and shipping were well-established during the First Industrial Revolution (early-to-mid 19th century).
• The mass production of steel (via the Bessemer process) became a defining, newly scaled industry during the Second Industrial Revolution (post-Civil War era).
• Therefore, steel is the industry that did not exist in a modern, mass-produced industrial capacity until this period.

Answer:

Question 1

• (A) By funding new industries (Correct answer)
• (B) By abandoning capitalism
• (C) By exporting goods to Asia
• (D) By supporting the gold standard

Question 2

• (A) Steel (Correct answer)
• (B) Mining
• (C) Railroad
• (D) Shipping