ECONOMICS (CBSE/UGC NET)

ECONOMICS

ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
In what century did the Industrial Revolution originate?
A
17th century
B
18th century
C
20th century
D
16th century
Explanation: 

Detailed explanation-1: -The Industrial Revolution began in the 18th century, when agricultural societies became more industrialized and urban. The transcontinental railroad, the cotton gin, electricity and other inventions permanently changed society.

Detailed explanation-2: -The Industrial Revolution was the transition to new manufacturing processes in Great Britain, continental Europe, and the United States, that occurred during the period from around 1760 to about 1820–1840.

Detailed explanation-3: -Capitalism spurred the Industrial Revolution because industrialization took great work and heavy investment from common people and not the government. There were several wealthy entrepreneurs in Great Britain in the 18th Century, thus this is where the Industrial Revolution had its start.

Detailed explanation-4: -Most historians place the origin of the Industrial Revolution in Great Britain in the middle decades of the 18th century.

Detailed explanation-5: -When Was the Industrial Revolution? The first Industrial Revolution began in Great Britain in the mid-to-late 1700s when innovation led to goods being produced in large quantities due to machine manufacturing.

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