Positively, by Britain allowing women and children to work long hours.
the forced the people to eat jello pudding
the abolition movement
the economy looses millions of dollars paying for repairs
It makes the economy stronger and more efficient.
The economy of Chile suffers
The economy was increasingly controlled by big corporations
The economy was increasingly controlled by big corporations
The effect of industrialization was to de-emphasize the what?
The political problems reduce foreign investment
The most significant effect of the industrialization on the US Economy from 1877-1900 is the mass movement of population to the large cities and away from rural areas. You will find significant population increases in the northern industrial cites. A second effect would be a significant shift in wealth. Before Industrialization, a majority of the most wealthy Americans were people who owned large farms. As a result of industrialization, you have people like Rockefeller, Carnegie, and many other captains of Industry make their huge fortunes. A 3rd effect is that Industrialization made the United States a player on the World Scene. The US became a World Power because of the industrialization thus leading to the Spanish American War, the building of the Panama Canal, and eventually WW1.
Obama care
It helped industrialization since the freed serfs were able to work in factories.
The expanding market economy, whereby unappreciated labor, ready-made products, non mechanized factories, and prison labor all did compete with the handicraft industry.
Industrialization was characterized by poor working conditions for the lower classes. It brought a time of incredible growth in the economy. In the end, it had an overall positive effect, particularly once labor laws resulted in improved working conditions for employees.
Industrialization Apex: The great migration
Industrialization led to a burst in population for European countries (primarily Western).
It helped industrialization since the freed serfs were able to work in factories.