James Watt's Steam Engines Were Especially Prominent in the

question 47

Multiple Choice

James Watt's steam engines were especially prominent in the

• A)transportation industry.
• B)mining industry.
• C)British navy.
• D)production of electricity.
• E)textile industry.

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Definitions:

Unlimited Liability

A business structure where the owners are personally responsible for all of the company's debts and liabilities.

Business License

A legal authorization to operate a business in a particular municipality, region, or country, often requiring renewal and compliance with specific regulations.

Primary Market Transactions

The issuance and sale of securities directly from the issuer to investors, as opposed to trading between investors in the secondary market.

Dutch Auctions

A type of auction where the auctioneer starts with a high asking price which is lowered until some participant accepts the price.