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The Industrial Revolution significantly contributed to the economic development of the Great Plains by facilitating advancements in agriculture and transportation. Innovations such as the mechanization of farming, including the use of tractors and reapers, increased crop yields and efficiency. Additionally, the expansion of the railroad system enabled farmers to transport goods to markets more effectively, promoting trade and boosting local economies. This combination of agricultural innovation and improved logistics helped transform the Great Plains into a vital agricultural hub in the United States.

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How did the industrial revolution affect economic thought?

The Industrial Revolution led to the emergence of new economic theories such as classical economics, which emphasized market forces, labor specialization, and the importance of industrial production. It also sparked debates on capitalism, socialism, and the role of government in regulating the economy. Overall, the Industrial Revolution significantly influenced the development of modern economic thought.


How did the social and economic changes from the Industrial Revolution contribute to the spread of Liberalism?

the social and economic changes from the industrial revolution contributed to the spread of liberalism because it gave the lower classes more clout (and thus more liberalism) within the society.


How did the social and economic changes from the industrial revolution contribute to the spread of Liberism?

the social and economic changes from the industrial revolution contributed to the spread of liberalism because it gave the lower classes more clout (and thus more liberalism) within the society.


When and where did the Industrial revolution begin Why there?

The first Industrial Revolution, which began in the 18th century, merged into the Second Industrial Revolution around 1850, when technological and economic progress gained momentum with the development of steam-powered ships, railways, and later in the 19th century with the internal combustion engine and electrical.


When where and why did the industrial revolution begin?

The first Industrial Revolution, which began in the 18th century, merged into the Second Industrial Revolution around 1850, when technological and economic progress gained momentum with the development of steam-powered ships, railways, and later in the 19th century with the internal combustion engine and electrical.


Why didn't an Industrial Revolution occur in the eastern mediteranean?

The physical geography limits the economic development because of the lack of natural resources.


When did modern economic growth begin?

with the Industrial Revolution


What was the economic status during the Industrial Revolution in 1845?

recession


The growth of what economic system was fostered by the Industrial Revolution?

Capitalism


Which term best defines the change in social and economic organization that resulted from the replacement of hand tools with machines and from the development of large scale manufacturing?

industrial revolution


What economic system emerged during the Industrial Revolution?

Industrial capitalism emerged during the mid-18th century as the Industrial Revolution flowered. Industrialists had great economic power because of investment in factories and machinery. Agriculture became more mechanized as well.


What is the name of the economic system that developed along with the agricultural revolution and Industrial Revolution in Europe?

Working