New Forms of Energy, Such as ____, Were Important for Industrialization

question 38

Multiple Choice

New forms of energy, such as ____, were important for industrialization in the nineteenth century.

• A) horse power
• B) wind and water energy
• C) the steam engine and electricity
• D) hydroelectric power
• E) the gas turbine engine

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Definitions:

Moral Hazard

A situation where one party engages in risky behavior or fails to act in good faith because another party bears the consequences or costs.

Auto Insurance

A policy purchased by vehicle owners to mitigate costs associated with getting into an auto accident.

Health Insurance

A type of insurance coverage that pays for medical and surgical expenses incurred by the insured.

Fundamental Analysis

A method of evaluating a security by attempting to measure its intrinsic value through examining related economic, financial, and other qualitative and quantitative factors.