Question

Mention the consequences of the industrial revolution in the economic field write a report

Answer 1

Answer:

• The Factory System.
• Rise of Capitalism.
• Urbanization.
• The Factory System.
• Exploitation of the Working Class.
• Opportunity and Increase in the standard of living.
• Technological Advancement.
• Rise of Socialism and Marxism.
• Transfer of Wealth and Power to the West.