Explain six economic effects of industrial revolution in Europe

      

Explain six economic effects of industrial revolution in Europe

  

Answers


Janet
1) As economic activities in many communities moved from agriculture to manufacturing, production shifted from its traditional locations in the home and the small workshop to factories.
2) Large portions of the population relocated from the countryside to the towns and cities where manufacturing centers were found.
3) The overall amount of goods and services produced expanded dramatically, and the proportion of capital invested per worker grew.
4) New groups of investors, businesspeople, and managers took financial risks and reaped great rewards.
mwendwamutindi answered the question on November 7, 2017 at 07:56


Next: Explain factors that enabled European powers to colonize Africans
Previous: Identify the type of mutation represented by the following pairs of words Shirt instead of skirt Hoping instead of shopping Eating instead of tea

View More History and Government Questions and Answers | Return to Questions Index


Exams With Marking Schemes

Related Questions