How did edison and westinghouse spread the use of electricity

At night the fair was lit by electricity. Who would light the fair would soon light the World. Edison and Westinghouse both put in bids to light the fair. General Electric Company (Edison’s and Morgan’s company) first bid to light the fair for $1.8 million. That bid did not go over well. The two did a second bid worth $554,000. Unbeknownst to General Electric, George Westinghouse, armed with Tesla’s new induction motor, proposed to light the fair for $399,000. Westinghouse won the contract. The effect of winning the bid would change history. Tesla's AC polyphase system would be on display for not only the US to see but the whole world. Originally, Tesla planned on using GE bulbs but Edison, still miffed, would not sell to Tesla and Westinghouse. Instead, Westinghouse came up with a more efficient double-stopper light bulb.

he believed that strong monarchies would lead to social and political stability.

the answer is: must pay taxes on profits

since it is considered as a part of your income, profits from investments is eligible for tax payment.

the tax from your investment could be influenced by how long you decided to sell it. united states promotes keeping your investment for long term period. so, the tax rate for investments that you sell in less than one year is typically higher compared to investments that you sell in more than one year period.