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Q: How did the economies of scale impact the industrial revolution?
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How did Industrial revolution change nature of capitalism?

Before the Industrial Revolution, the nature of capitalism was much smaller in scale. A person may have gained wealth through owning shipping companies, or printing presses, or blacksmith shops. Industrialization allowed for mass production, and no longer the need for specialization. The economies of scale also made the post Industrial Revolution magnates far more wealthy.


What has the author Donald J Lecraw written?

Donald J. Lecraw has written: 'Economies of scale in Canadian manufacturing' -- subject(s): Economies of scale, Industrial Costs, Manufacturing industries 'Voluntary standards as a regulatory device' -- subject(s): Industrial policy, Standardization, Trade regulation


Of what significance is economies of scale in planning the establishment of commercial enterprise?

OF WHAT SIGNIFICANCE IS ECONOMIES OF SCALE IN THE ESTABLISHMENT OF COMMERCIAL ENTERPRISE?. economies of scale


How was cotton production and distribution done in india before the industrial revolution?

Cotton production and distribution in India before the industrial revolution was done in large-scale.


What is the economies of scale?

Internal economies of scale arise when the cost per unit


Define economies of scale How does this relate to returns to scale Cite and briefly discuss the main determinants of economies of scale?

Cite and briefly discuss the main determinants of economies of scale.


Equilibrium and economies scale in market economy?

Equilibrium and economies scale in market economy


What does the writer mean by diseconomies of sale?

Not profiting from economies of scale, because there are no economies of scale. That is meant by diseconomies of scale.


How did the Industrial Revolution change the nature of capitalism?

Before the Industrial Revolution, the nature of capitalism was much smaller in scale. A person may have gained wealth through owning shipping companies, or printing presses, or blacksmith shops. Industrialization allowed for mass production, and no longer the need for specialization. The economies of scale also made the post Industrial Revolution magnates far more wealthy.


What are the sources of economies of scale?

The economies of scale attainable from large scale production fall into two categories. Internal and External.


What type of revolution was the American Revolution?

it is called the industrrial "revolution" in a loose sense. a revolution usually occours when a lower class rises up against a higher class. it is still called a revolution though because it was a period of great change but it still wasnt rly a revolution


What is the importance of economies of scale?

no