what you understand by 'rise of industrial capitalism
Answers
Answer:
Industrial capitalism is a system both social and economic whereby industry and resources are owned by few for profit. In this capitalist system means of production were privately owned. America witnessed the growth of Industrial capitalism in late 19th century and early 20th century. . In any capitalistic state, property is privately owned and is protected by the supreme law of that state. Thus in the rise of industrial capitalism, we are looking at starting of when individuals in a society started acquiring property privately.
Answer:
Industrial capitalism is a system both social and economic whereby industry and resources are owned by few for profit. Thus in the rise of industrial capitalism, we are looking at starting of when individuals in a society started acquiring property privately.