Colt's business initially failed due to lack of what?
Demand
Gunpowder
Metal
Skill
Answer
Demand was the crucial factor behind Colt's initial business failure. The market was not yet ready for the innovative firearms he introduced, resulting in insufficient demand for his products. As a consequence, Colt faced financial difficulties and setbacks before eventually gaining recognition and success in the firearms industry.
Revolutionary Innovator: The Samuel Colt Quiz
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