STEP-BY-STEP ANSWER:
Step 1: Identify the equations in slope-intercept form: the first equation is y = 2x + 1 (slope 2, intercept 1) and the second is y = 4x - 1 (slope 4, intercept -1).
Step 2: Graph both lines on the same coordinate plane using the slope and y-intercept for each line.
Step 3: Observe where the two lines intersect. The point of intersection represents the solution to the system.
Step 4: Verify the point by substituting the coordinates into both original equations. For example, if the lines intersect at (1, 3): plug into the first equation: 3 = 2(1)+1; plug into the second equation: 3 = 4(1)-1.
Final Answer: The solution to the system is the ordered pair (1, 3).