The Key Factor in the Diffusion of the Industrial Revolution

question 181

Multiple Choice

The key factor in the diffusion of the Industrial Revolution was:

• A) increased investment in machinery
• B) innovation in the development of tools and machinery
• C) the improvement of sewer and sanitation systems
• D) the development of transportation networks

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Definitions:

Market-neutral Strategies

Investment strategies that seek to achieve returns independent of the direction of the overall market by simultaneously buying and selling related securities.

Convergence Arbitrage

A strategy involving the purchase of a security in one market and simultaneous sale in another, exploiting differences in prices as they converge.

Statistical Arbitrage

A quantitative approach to equity trading that seeks to exploit pricing inefficiencies between related financial instruments.

Multistrategy Funds

Investment funds that employ a variety of strategies across different asset classes to achieve diversification and manage risk.