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How did industrialization affect business owners differently from the way it affected working-class laborers?
Wiki User
∙ 8y ago
Business owners made profits and benefited from new industrial technologies, while laborers were paid little and rarely had access to new products resulting from industrial advances.
Wiki User
∙ 8y ago
Industrialization had a different impact on business owners compared to working-class laborers. Business owners saw increased profits and expansion opportunities as industrialization allowed for mass production and the development of new markets. They were able to accumulate wealth and power. On the other hand, working-class laborers faced poor working conditions, long hours, low wages, and the loss of control over their own labor. They often had to adapt to new technologies and work in factories, leading to a decline in traditional craftsmanship and job security.
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What was the industrialization that changed the structure of business in America a benefit of?
It was a benefit of corporations.
How did industrialization affect business owners differently from the way it affected working class laborers?
Business owners made profits and benefited from new industrial technologies, while laborers were paid little and rarely had access to new products resulting from industrial advances.
An important consequence of industrialization in the US was?
Urbanization was an important consequence of industrialization in the US. This was mainly due to immigration, new technologies, the rise of big business through industrial trusts, and raise of capitalism.
How did business leaders and social critics view government's role in business differently?
Allow them to raise prices = social critics: government is a tool of govern social. =
How did industrialization impact the nineteenth century world economy?
Industrialization had a major impact on the global economy. For one thing, countries were able to increase business with developed countries overseas. Shipping costs went down and allowed businesses to import more of the raw materials they needed.
How did industrialization affect business owners and working classes laborers differently?
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How did industrialization affect business owners differently from the way it affected working-class labore?
Business owners made profits and benefited from new industrial technologies, while laborers were paid little and rarely had access to new products resulting from industrial advances.
How did industrialization affect business owners differently from the way it affected working-class laborer?
Business owners made profits and benefited from new industrial technologies, while laborers were paid little and rarely had access to new products resulting from industrial advances.
How did industrialization affect businesses owners differently from the way it affected working-class labors?
Business owners made profits and benefited from new industrial technologies, while laborers were paid little and rarely had access to new products resulting from industrial advances.
Which effects did the industrialization have on the business process?
with industrialization ca
How did industrialization affect business owners and working-class laborers differently?
(Apex) Business owners made profits and benefited from new industrial technologies, while laborers were poorly paid and had limited access to new products.
What are the results of the industrialization?
money, business
How did industrialization affect business owners differently from the way it affect working class laborers?
Business owners made profits and benefited from new industrial technologies, while laborers were paid little and rarely had access to new products resulting from industrial advances.
What are the 2 positive results of industrialization?
money, business
Who benifited the most from industrialization in Europe?
Business owners.
Does a retail business figure the breakeven price differently then than a service business does?
The retail business breakeven the price differently from service businesses.
Why did business grow so much during industrialization?
The more industry there is, the more business there is for the industry, at least that was the case during industrialization. New technology etc. created more business because there was more being bought and invested in.
