THE VIRGINIA DYNASTY 1801 1825
AMERICAN INDUSTRIALIZATION FACTORY SYSTEM AND MARKET REVOLUTION
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following was a type of assistance a government could provide to encourage industrialization?
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build roads
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canals
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railroads
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all of the above
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Explanation:
Detailed explanation-1: -Economic and Policy Issues Examples of industrialization are manufacturing (1900s), mining (1930s), transportation (1950s), and retailing (1970s).
Detailed explanation-2: -Industrialization has been instrumental in the economic development of the world. The process has improved productivity and allowed for mass production, which has increased standards of living.
Detailed explanation-3: -Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) It was initiated in the 10th five-year plan in 2005 and works under the Ministry of Rural Development. It is a centrally sponsored scheme with the pattern 90:10. It provides a legal guarantee of at least 100 days of unskilled manual work in rural areas.
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