INDUSTRIAL REVOLUTION
INDUSTRIAL REVOLUTION AND ITS IMPACT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Germany
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Italy
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Great Britain
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Japan
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Detailed explanation-1: -The Industrial Revolution began first in Britain in the 1700s.
Detailed explanation-2: -Another major reason why the Industrial Revolution began in Great Britain was that it had an abundant supply of what economists call the three “factors of production". These factors of production are land, labor, and capital.
Detailed explanation-3: -The industrial revolution led to rapid changes in people’s living and working conditions. In response to poor working conditions, labor movements organized alliances known as unions and pushed for reforms. Reform movements happened around the world, but started in Britain and the United States.
Detailed explanation-4: -Which event had the greatest influence on the development of laissez-faire capitalism? And the ANSWER is: 3-Industrial Revolution.