Industrial capitalism had change the way many people earned their livelihood but only in the ______ countries.
Answers
Industrial capitalism had changed the way many people earned their livelihood but only in the western developed countries
Answer:
Industrial capitalism had change the way many people earned their livelihood but only in European countries.
Explanation:
In politics and foreign policy, the advent of industrial capitalism had a significant impact. This new economy meant a higher level of living for certain people than ever before, with inexpensive and abundant material comforts. The factory system of production under industrial capitalism quickly developed and was characterized by considerably more strict, complicated, and sophisticated divisions of labor, both inside and between production processes. As a result, the transatlantic slave trade and plantation riches were the main factors contributing to the development of capitalism in Europe. Geographical discoveries destroyed feudalism while promoting the growth of trade and commerce on a global scale. The Renaissance and Reformation enhanced trade and commerce and served as the most enduring symbol of the shift from feudalism to capitalism.