LT-What caused the Industrial Revolution?
Answers
Answered by
0
The Industrial Revolution first began in Britain in the 18th century but soon spread throughout Europe and North America. Historians have identified several causes for the Industrial Revolution, including: the emergence of capitalism, European imperialism and the effects of the Agricultural Revolution.
Capitalism was a central component necessary for the rise of industrialization. Historians refer to the form of capitalism common during the Industrial Revolution as laissez-faire capitalism. Often, laissez-faire capitalism is also referred to as free market capitalism or market capitalism. Simply put, laissez-faire translates to “leave us alone” meaning that the government should remain out of the economy and instead allow individuals to freely carry out their own economic affairs.
Ok
Capitalism was a central component necessary for the rise of industrialization. Historians refer to the form of capitalism common during the Industrial Revolution as laissez-faire capitalism. Often, laissez-faire capitalism is also referred to as free market capitalism or market capitalism. Simply put, laissez-faire translates to “leave us alone” meaning that the government should remain out of the economy and instead allow individuals to freely carry out their own economic affairs.
Ok
Similar questions