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How did the "new breed of businessmen" differ from the older group?

a) The new breed of businessmen was more conservative and risk-averse.
b) The new breed of businessmen focused on philanthropy and social responsibility.
c) The new breed of businessmen embraced innovative technologies and practices.
d) The new breed of businessmen sought to maintain the status quo in business.

1 Answer

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Final answer:

The 'new breed of businessmen' differed from the older group by embracing innovative technologies and practices, using new business models, and applying entrepreneurial approaches to revolutionize industries.

Step-by-step explanation:

How did the "new breed of businessmen" differ from the older group?

Option (c) The new breed of businessmen embraced innovative technologies and practices. This contrasted with the older group who were more traditional in their approaches. During times of industrial growth, innovation was key to success in business. The new generation capitalized on this by leveraging new business models, fostering entrepreneurial approaches, and embracing new technologies to revolutionize production and management.

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