For each of the following, indicate whether the idea is most closely associated with the first...

For each of the following, indicate whether the idea is most closely associated with the first industrial revolution, the second industrial revolution, neither, or both.

Question 1 options:

1234	Steam boats
1234	Time zones
1234	The internet
1234	Railroads
1234	The steam engine
1234	Mechanization
1234	Telegraph
1234	The possibility of traveling from coast to coast in the US in under a week
1234	A technological (as opposed to political) revolution

1.	First Industrial Revolution
2.	Second Industrial Revolution
3.	Neither
4.	Both

Expert Solution

Answer:

S.N	Options	IDEA most closely associated with Industrial revolution	Comments
1	Steam Boats	First Industrial Revolution	Steam boat was invented in 1787 and with the idea of steam engine. Second industrial revolution started in mid19th century.
2	Time Zones	Neither	It was not related to industrial revolution as people in different areas were already using their own techniques and time zones.
3	The Internet	Neither	Internet was created during the world war 2.
4	Railroads	First Industrial Revolution	The railroad, in 1826, a group of businessmen launched the first American railway. Though the advancements were done after the steel was invented in second industrial revolution. But the railroads were created in 1830 with iron.
5	The steam Engine	First Industrial Revolution	The idea first put in 1698 by and English man and then Edward Huber created first steam engine which was later efficiently made by James watt.
6	Mechanization	First Industrial Revolution	First industrial revolution was mainly started with textile machinery, such as the spinning jenny (1764) and water frame (1768).
7	Telegraph	Both	It was first invented after the railroads were created in 1837 to 1840s. So, the idea was related to both Industrial revolutions.
8	The possibility of travelling from coast to coast in the US in under a week	Neither	This is not related to any Industrial revolution.
9	A Technological (as opposed to political) revolution	Second Industrial Revolution	The second industrial revolution was called a technological revolution, due to the invention of electricity.

Rahul Sunny answered 2 years ago

For each of the following, indicate whether the idea is most closely associated with the first...

For each of the following, indicate whether the idea is most closely associated with the first industrial revolution, the second industrial revolution, neither, or both. Question 1 options: 1 Railroads 12 Time zones 3 The steam engine 4 Steam boats 5 Mechanization 5 Telegraph 6 A technological (as opposed to political) revolution 7 The internet 8 The possibility of traveling from coast to coast in the US in under a week 1. First Industrial Revolution 2. Second Industrial Revolution 3....

For each of the following, indicate whether the idea is most closely associated with the first industrial revolution, the second industrial revolution, neither, or both.

For each of the following, indicate whether the idea is most closely associated with the first industrial revolution, the second industrial revolution, neither, or both. Mechanization The possibility of traveling from coast to coast in the US in under a week Feedback loops The internet The flying shuttle The steam engine Railroads Telegraph A technological (as opposed to political) revolution 1. First Industrial Revolution 2. Second Industrial Revolution 3. Neither 4. Both

For each of the ideas below, indicate whether it is most closely associated with neoclassical economics...

For each of the ideas below, indicate whether it is most closely associated with neoclassical economics ('the accepted sequence') or heterodox economics ('the revised sequence'). ___ Prices are set in advance of (that is, before) market trading ____ Price = average costs (direct and overhead) times (one plus the profit mark-up) ___ A technological change which makes production cheaper will be adopted by perfectly competitive firms, ultimately leading to lower prices for consumers ___ Technological change can cause obsolescence and...

For each of the ideas below, indicate whether it is most closely associated with neoclassical economics...

For each of the ideas below, indicate whether it is most closely associated with neoclassical economics ('the accepted sequence') or heterodox economics ('the revised sequence'). ____ An important role of prices is to ensure sufficient (not maximum) profits so firms can survive and grow through investment ____ Demand management ____ Some power passes from top management to his/her subordinates because only the subordinates have the specialized knowledge necessary to make informed decisions ___ Price = average revenue according to demand...

For each of the ideas below, indicate whether it is most closely associated with neoclassical economics...

For each of the ideas below, indicate whether it is most closely associated with neoclassical economics ('the accepted sequence') or heterodox economics ('the revised sequence'). ___Firms compete through their investments (as opposed to price) ___Price = average revenue according to demand at the quantity where marginal cost = marginal revenue ___Some power passes from top management to his/her subordinates because only the subordinates have the specialized knowledge necessary to make informed decisions ___The goals of the firm reflect its owners'...

For each of the ideas below, indicate whether it is most closely associated with neoclassical economics...

For each of the ideas below, indicate whether it is most closely associated with neoclassical economics ('the accepted sequence') or heterodox economics ('the revised sequence'). ____ Price competition is very often destabilizing, threatening the survival of the firm ____ Price competition between firms is an essential part of the equilibrating process in capitalist economies ____ An important role of prices is to ensure sufficient (not maximum) profits so firms can survive and grow through investment ____ Demand management

Which of the following are most closely associated with the idea of absolute advantage in trade?

Which of the following are most closely associated with the idea of absolute advantage in trade? A) Karl Marx B) Adam Smith c) Milton Friedman D) John Maynard Keynes E) David Ricardo

For each of the ideas below, indicate whether it is most closely associated with neoclassical economics ('the accepted sequence') or heterodox economics ('the revised sequence').

For each of the ideas below, indicate whether it is most closely associated with neoclassical economics ('the accepted sequence') or heterodox economics ('the revised sequence').___Consumer sovereignty____Prices change rapidly according to supply and demand, with competition ensuring that price reflects minimum average costs of production__Price competition generally benefits society as a whole___Prices in most markets are administered by the dominant firms in that market

Racism is most closely associated with which of the following?

Racism is most closely associated with which of the following? ideologies structural Functionalism education Thistoricity

Calculus is closely associated with the idea of zero and infinity and, to deal with these...

Calculus is closely associated with the idea of zero and infinity and, to deal with these concepts, sophisticated instruments and themes are often used. The limit itself is one of those referenced concepts, as it manages to perfectly explore the idea of proximity and, with this, provides countless gains to human knowledge, as well as the concept and mathematical instrument called differential. Considering this information and studies on the concept of differential, it can be said that it is relevant...

Question

For each of the following, indicate whether the idea is most closely associated with the first...

Solutions

Expert Solution

Related Solutions

For each of the following, indicate whether the idea is most closely associated with the first...

For each of the following, indicate whether the idea is most closely associated with the first industrial revolution, the second industrial revolution, neither, or both.

For each of the ideas below, indicate whether it is most closely associated with neoclassical economics...

For each of the ideas below, indicate whether it is most closely associated with neoclassical economics...

For each of the ideas below, indicate whether it is most closely associated with neoclassical economics...

For each of the ideas below, indicate whether it is most closely associated with neoclassical economics...

Which of the following are most closely associated with the idea of absolute advantage in trade?

For each of the ideas below, indicate whether it is most closely associated with neoclassical economics ('the accepted sequence') or heterodox economics ('the revised sequence').

Racism is most closely associated with which of the following?

Calculus is closely associated with the idea of zero and infinity and, to deal with these...