USA HISTORY

THE VIRGINIA DYNASTY 1801 1825

AMERICAN INDUSTRIALIZATION FACTORY SYSTEM AND MARKET REVOLUTION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is an example of the free enterprise system?
A
A fisherman buys a boat and uses it to catch fish which he then sells to people at the price he chooses
B
A husband purchases roses for his wife for her birthday
C
A factory owner is required by law to pay his employees $20 every day
D
A farmer is asked by the government to plant 10 acres of corn to provide food for soldiers during a war
Explanation: 

Detailed explanation-1: -29.390) The most important of the changes that brought about the Industrial Revolution were (1) the invention of machines to do the work of hand tools, (2) the use of steam and later of other kinds of power, and (3) the adoption of the factory system.

Detailed explanation-2: -Historians have identified several causes for the Industrial Revolution, including: the emergence of capitalism, European imperialism, efforts to mine coal, and the effects of the Agricultural Revolution.

Detailed explanation-3: -Many different factors contributed to the rise of the Industrial Revolution in Britain. The new inventions, access to raw materials, trade routes and partners, social changes, and a stable government all paved the way for Britain to become an industry-driven country.

Detailed explanation-4: -factory system, system of manufacturing that began in the 18th century and is based on the concentration of industry into specialized-and often large-establishments. The system arose in the course of the Industrial Revolution.

There is 1 question to complete.