Question

It is difficult to separate capitalism from the Industrial Revolution. Justify this statement with the help of an example

Answer 1

The Industrial Revolution created capitalism.

Explanation:

• Industrial Revolution began in the late 18th century in England.
• It changed society in many ways by introducing labour system and machinery.
• It gave rise to capitalism as it allowed the investor to invest, build industries and earn a profit.
• Capitalism introduced the competition in the market, which led to the growth of production in the industries.

Learn More:

Write Industrial Revolution. Explain the effects of industrial revolution.

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