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How does industrialism help to cause industrialism?

Updated: 8/18/2019
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14y ago

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Industrialism is very competitive. If Industry A comes up with a way of doing things, and Industry B thinks they can do it better, then they will do so. Then Industry A is not making as much money or whatever, so they have to improve themselves to beat out the competition. Thus, the more things are improved, the more they will improve. The greater the industry, the greater the industry will become.

Industrialism is not the same as capitalism, but the latter definitely plays a part in the former.

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