Which of the following occurred during the entrepreneurship era?
A)The balance of power shifted away from producers and toward consumers.
B)Web and digital resources were used to gather detailed information about customers.
C)Industrial titans created enormous wealth and dominated their markets.
D)The standard of living declined at a high rate.

Question

Quizplus · Accepted Answer

The entrepreneurship era, which occurred in the late 19th and early 20th centuries, was characterized by the rise of industrial titans who created enormous wealth and dominated their markets. This era saw the emergence of business leaders such as John D. Rockefeller, Andrew Carnegie, and J.P. Morgan, who amassed great fortunes through their control of key industries such as oil, steel, and finance.

Option A is incorrect because the balance of power did not shift away from producers during the entrepreneurship era. Rather, it was the producers who held the majority of power and wealth during this time.

Option B is also incorrect because web and digital resources did not exist during the entrepreneurship era.

Option D is incorrect because the entrepreneurship era saw significant economic growth and advancement, which led to an overall increase in the standard of living for many people.

Which of the Following Occurred During the Entrepreneurship Era