WORLD HISTORY

Detailed explanation-1: -The Industrial Middle Class Those who benefited most from the Industrial Revolution were the entrepreneurs who set it in motion. The Industrial Revolution created this new middle class, or bourgeoisie, whose members came from a variety of backgrounds. Some were merchants who invested their growing profits in factories.

Detailed explanation-2: -There were essentially three different classes that emerged as a result of industrialization: the working class, the middle class, and the super-wealthy.

Detailed explanation-3: -Industrialization results in a wider gap between the rich and poor due to a division of labor and capital. Those who own capital tend to accumulate excessive profits derived from their economic activities, resulting in a higher disparity of income and wealth.

Detailed explanation-4: -Benefited the most: entrepreneurs. They made a great deal of money, led basically pleasant lives enjoying the benefits of industrialization and what it made available to them, and occupied a comfortable social position as part of the new middle class. Benefited the least: children of the poor.

Detailed explanation-5: -The textile industry was the first to use modern production methods, and textiles became the dominant industry in terms of employment, value of output, and capital invested.