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19th century political and economic thinkers were quick to criticize the results of Britain's 19th century industrial revolution. The so-called poverty was a feeding ground for socialists. What many critics overlook is that during this period, often referred to as the "Machine Age" employed an increasingly large share of the nations expanding population and greatly boosted the nation's overall per capita income. The ever rising demand for workers' food products and other essentials would by 1870, be met by a steam driven communications revolution with railways and steam ships bringing agricultural surpluses of the Western Hemisphere to meet the demands of England. One study indicates that the sources of newly powered machines would create surpluses that allowed for the spectacular increases in production which did reach the average family.

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What were the connections between industrialization the rise of big business and the advent of modern corporation?

Industrialization spurred the rise of big business by enabling mass production and the development of new technologies, leading to increased efficiency and economies of scale. This shift allowed businesses to grow larger and more complex, necessitating a more structured organizational model. The advent of the modern corporation, characterized by limited liability and the ability to raise capital through stock issuance, facilitated this growth by attracting investment and spreading risk. Together, these elements transformed the economic landscape, paving the way for the dominance of large corporations in the global market.


What is systems approach Explain the elements of a system?

What are the elements of system approaches


What are the economic and economic factors affecting industrialization?

Economic factors affect industrialization as production input resources of capital,labour,interprise and land,however non economic factors of social and political intervention to direct the choices of consumption in production of goods and services,allocation of resources as a tool of capitalist hegemony in the doctrine of general equilibrium. It assumes that the normal condition of society is for the state to play as little a role in economic life as possible, because the market is part of human nature and the most efficient form of economic organization. The theory, therefore, has a role in legitimizing capitalist hegemony. The socialist economy in industrialization stresses on planning in allocation of resources for production of goods & services for the welfare & well being of the people.


What are the elements of business firm?

Some of the key elements of a business firm include customer segments and proper channeling. Other elements are cost structure and customer relationships.


What are the key elements of economics?

The four key elements of economics are description, analysis, explanation, and prediction. Mr. Talton Economics Teacher

Related Questions

How can you use reaganomics in a sentence?

Some have criticized elements of Reaganomics on the basis of equity.


In addition to mineral resources what other element is important to industrialization?

There are two more mineral resources that other elements to industrialization. The two resources are potassium and zinc.


What did Theodore Roosevelt criticized muckrakers on the grounds as being?

Because they were so preoccupied with exposing only the wrongs in society rather than the positive elements.


Which romanticism is best represented in London?

There are five elements of romanticism. London is best represented by optimism. Other types of romanticism are frontier, experimentation, and industrialization.


Why does Leo sulk when criticized?

Leo is a fire element, as is Aries and Sagittarius. Fire elements are sensitive to criticism as they really are trying to do the best for others but are often times perceived as being critical themselves.


Why was Newland's criticized by other Scientist?

John Newlands was criticized by other scientists primarily for his formulation of the Law of Octaves, which suggested that elements could be arranged in order of increasing atomic mass and that every eighth element would exhibit similar properties. Critics argued that his approach was overly simplistic and only worked for the first few elements, failing to apply to all elements in the periodic table. Additionally, his classification did not account for the existence of transition metals and resulted in inconsistencies, leading to skepticism about its validity. Ultimately, while Newlands made a significant contribution to the development of the periodic table, his ideas were seen as limited and incomplete compared to later models.


What are the elements of neo-romanticism in the poetry of Dylan Thomas?

Elements of neo-romanticism in Dylan Thomas's poetry include an emphasis on emotion, nature, individualism, and a rejection of industrialization. Thomas's use of vivid imagery, exploration of the subconscious, and preoccupation with themes of death and the mystical also align with neo-romantic ideals.


What condition is most necessary to the process of industrialization society?

The most necessary condition for the process of industrialization in society is access to capital and resources. This includes financial investment for machinery and infrastructure, as well as natural resources like coal, iron, and timber. Additionally, a stable political environment and a skilled workforce are crucial to facilitate growth and innovation. Together, these elements create a conducive environment for industrial development.


What are five elements of romanticism?

Elements of Romanticism1. Frontier: vast expanse, freedom, no geographic limitations.2. Optimism: greater than in Europe because of the presence of frontier.3. Experimentation: in science, in institutions.4. Mingling of races: immigrants in large numbers arrive to the US.5. Growth of industrialization: polarization of north and south; north becomes industrialized, south remains agricultural.


What do sociologists with macro-level orientations call constructs such as social institutions social status and social class?

The structures that shape society


What were the least four of he factors that contributed to industrialization in Britain?

Four key factors that contributed to industrialization in Britain were access to natural resources, such as coal and iron, which fueled machinery; a robust transportation network, including canals and railways, that facilitated the movement of goods; political stability and supportive government policies that encouraged entrepreneurship; and a growing workforce due to agricultural improvements and urbanization, which provided labor for factories. These elements combined to create an environment ripe for industrial growth.


What did The pop art movement criticized traditional art for its lack of?

The pop art movement criticized traditional art for its lack of engagement with contemporary culture and consumerism. It challenged the notion of high art by incorporating imagery from popular culture, advertising, and mass media, arguing that these elements were just as valid as classic artistic subjects. Pop artists aimed to blur the boundaries between art and everyday life, highlighting the superficiality and commercialization of modern society. This approach sought to democratize art and make it more accessible to the public.