Explain the Industrial Revolution and show that “why did it
happen first in the 18th Century, on an island off the coast of
Europe (the United Kingdom)?”. Please, explain each fundamental
concepts and use diagrams.
Compare and contrast the second industrial revolution (late nineteenth century to the early twentieth century) to the first industrial revolution (late eighteenth century to the early nineteenth century).
Did 19th century thinkers agree with Adam Smith. How did , for
instance Karl Marx view the doctrine of Laissez-Faire? What were
the inevitable consequences if such economic system?
What were the influences of Adam Smith and his critics, like
Marx, reflected in the mixed economy of the United States Today