As a result of the Industrial Revolution, British and French financiers built up enormous reserves of capital. Seeking to earn high rates of return on their investments, they helped to finance all of the following except: (choose one)
a.
The Suez Canal in Egypt, which shortened the shipping routes from Europe to Asia
b.
Infrastructural projects in the New World, including railroads in Argentina and North America
c.
Technological research in Germany, including the improvement of German military technology
d.
The rapid industrialization of Russia, including railroads and enormous new steel plants
How did the building of mass transit in the late 19th Century (trams, subways, etc.) affect the demographics of major European cities? (Choose one)
a.
Wealthy Europeans moved away from the center of town and settled in new suburbs; poor Europeans remained trapped downtown
b.
Poor Europeans moved to the periphery; wealthy Europeans built fancy apartments and townhouses in the center
c.
Cities depopulated entirely, since there were no more jobs in urban areas
2 answers
1 answer