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They accelerated it, by lowering labor costs thus increasing the profits available for capitalists, giving them more money to invest and more incentive to invest.

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12y ago
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6mo ago

Cheap labor played a significant role in the Industrial Revolution. The availability of cheap labor allowed factory owners to increase production at lower costs, leading to the mass production of goods and the expansion of industries. However, it also resulted in poor working conditions, exploitation of workers, and the growth of inequality between the laborers and the capitalist class.

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Q: How did cheap labor affect the industrial revolution?
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