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Do you think the arrangement between a scientist-inventor and a capitalist is fair? Give reasons.

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Yes. It was an agreement. The capitalist Boulton invested the necessary money and also paid Watt a salary. Watt made the steam engine. They made an agreement between them to share profit, two-third to Boulton’s and onethird to Watt’s. These two persons made a large number of steam engines, sold them, and made huge profits.

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