What Was the Major Breakthrough in Energy and Power Supplies

question 74

Multiple Choice

What was the major breakthrough in energy and power supplies that catalyzed the Industrial Revolution?

• A)Thomas Newcomen's 1705 steam engine
• B)The development of the internal combustion engine
• C)The use of running water to power cotton-spinning machinery
• D)James Watt's development of the steam engine between the 1760s and the 1780s

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Definitions:

Business Combination

A process where two or more companies merge or one acquires another, resulting in consolidation of assets and liabilities.

Consolidation Worksheet

A tool used in the preparation of consolidated financial statements, helping to combine the financials of a parent company and its subsidiaries and eliminate inter-company transactions.

Acquisition Transaction

The process by which one company purchases most or all of another company's shares or assets, effectively taking control of the target company.

Common Stock

A type of ownership in a corporation, representing a claim on part of the company's assets and earnings.