What Was the First Industry to Contract with "Investment Banks

question 13

Multiple Choice

What was the first industry to contract with "investment banks" to raise capital by selling shares of stock to investors?

• A) the electric motor industry
• B) the railroad industry
• C) the oil industry
• D) the agriculture industry
• E) the textile industry

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Definitions:

Liter

A unit of volume equal to 1,000 milliliters or approximately 33.814 U.S. fluid ounces.

Meter

A device used to measure something, such as electricity, gas, or in the medical field, the concentration of a substance in the blood.

Milliliters

A unit of volume in the metric system, equal to one-thousandth of a liter.

Liter

A metric unit of volume equal to 1,000 cubic centimeters or approximately 0.26 gallons.