What Invention, Which Was Developed Simultaneously in England and America

question 10

Multiple Choice

What invention, which was developed simultaneously in England and America, revolutionized communication during the Industrial Revolution?

• A) The phonograph
• B) Radar
• C) The electric telegraph
• D) The battery
• E) The telephone

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Definitions:

Planning Horizon

The period over which forecasts or plans are made and future cash flows are projected, influencing decision-making processes.

Infinite

Without any limit or end; in mathematics, a concept describing something that has no boundaries in size or number.

Market-Neutral

An investment strategy that seeks to minimize exposure to market risk by taking offsetting long and short positions in different securities.

Long-Short Hedges

This refers to an investment strategy that involves taking long positions in stocks that are expected to increase in value and short positions in stocks expected to decrease in value.