THE VIRGINIA DYNASTY 1801 1825
AMERICAN INDUSTRIALIZATION FACTORY SYSTEM AND MARKET REVOLUTION
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
Communism
|
|
Socialism
|
|
Agricultural Revolution
|
|
Industrialization
|
Detailed explanation-1: -Industrialization is the process of transforming the economy of a nation or region from a focus on agriculture to a reliance on manufacturing. Mechanized methods of mass production are an essential component of this transition.
Detailed explanation-2: -The process by which an economy is transformed from agriculture to manufacturing of goods is called industrialisation. Industrialisation leads to urbanisation.
Detailed explanation-3: -The Industrial Revolution was a period of scientific and technological development in the 18th century that transformed largely rural, agrarian societies-especially in Europe and North America-into industrialized, urban ones.
Detailed explanation-4: -Industrialization leads to urbanization and mass literacy, which facilitate the organization of labor unions, mass political parties, and the enfranchisement of the working class.
Detailed explanation-5: -The Industrial Revolution shifted from an agrarian economy to a manufacturing economy where products were no longer made solely by hand but by machines. This led to increased production and efficiency, lower prices, more goods, improved wages, and migration from rural areas to urban areas.