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Compare the Roles That the Second Industrial Revolution Played in the Development

question 31

Essay

Compare the roles that the second industrial revolution played in the development of Brazil and British India. How significant a difference was created by the fact that Brazil was an independent country and British India was a colony?


Definitions:

Creditors

Individuals, businesses, or entities to whom money is owed by debtors, typically due to the provision of goods, services, or loans.

Cash Flow

The complete spectrum of financial inflow and outflow in a business, vitally affecting its liquidity.

Stockholders

Individuals or entities that own shares in a corporation, giving them certain rights like voting on corporate affairs.

Tax Rate

The chunk of financial earnings a corporation or individual pays as tax.

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