Write one question they have regarding the rise of industrial capitalism in the late-19th century to...

Write one question they have regarding the rise of industrial capitalism in the late-19th century to its taming in the early-20th century,

Expert Solution

One of the biggest factors contributing to the rise of industrial capitalism was technology. The late 19th Century was an era of innovation. Nearly half a million patents were issued between 1860 and 1900. Improvements in machinery and manufacturing processes increased productivity. And there were new technologies that helped business: the telephone to coordinate transactions over long distances, the typewriter to speed up record-keeping, and electricity which made it possible to work safely after dark. And the expansion of the railroad made it easy to get raw materials to factories and finished goods to markets. Corporations also devised new strategies to cope with doing business on a national scale.

Capitalism caused the Industrial Revolution because industrialization required significant work and investment from individuals and not necessarily the government.

The question is

was the industrial capitalism associated with unfair and quite inefficient distribution of wealth which creates imperialism and counter-revolution wars fighting against economic and cultural exploitation repressions of workers and trade unionists, and phenomena such as social alienation inequality, unemployment, and economic instability ?

Rahul Sunny answered 2 years ago

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