asked 137k views
0 votes
How did the industrial revolution affect economic thought

1 Answer

5 votes

Step-by-step explanation:

The Industrial Revolution meant that poverty became concentrated in urban areas instead of the countryside. ... It led to contestation of laissez faire economics since it was associated with the emergence of that poverty. Socialist thinkers contested capitalism both in Europe and in the USA.

answered
User Norah
by
8.9k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.