Most new industries were financed by small investors- merchants, shopkeepers, and farmers. These people invested some of their money in hope of earning profits if the new businesses succeeded. Low taxes, few government regulations, and competition encouraged people to invest in new industries.
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Copied: Word-For-Word
Source: McGraw Hill
Book: The American Republic To 1877
Chapter: 10, Growth and Expansion
Page: 310-311
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One thing that the first and second industrial revolutions had in common was the significant advancements in technology and innovation that transformed industries and led to increased production and economic growth.
The industrial might of the North financed the war effort.
Imperialism was actually caused by revolutions such as the Industrial Revolutions. This revolution brought new inventions of technology and also power.
A comparison of the first and second industrial revolutions shows that both had significant impacts on society and technological advancements. The first industrial revolution, which began in the late 18th century, introduced mechanization and steam power, leading to urbanization and the rise of factories. The second industrial revolution, in the late 19th and early 20th centuries, saw the development of electricity, mass production, and the expansion of industries like steel and oil. Both revolutions transformed economies, increased productivity, and changed the way people lived and worked.
IT and Engineering.
One thing that the first and second industrial revolutions had in common was the significant advancements in technology and innovation that transformed industries and led to increased production and economic growth.
Such industries are financed by the state.
The industrial might of the North financed the war effort.
Imperialism was actually caused by revolutions such as the Industrial Revolutions. This revolution brought new inventions of technology and also power.
Monetary support for the American Revolution came from the Netherlands, France and Spain.
A comparison of the first and second industrial revolutions shows that both had significant impacts on society and technological advancements. The first industrial revolution, which began in the late 18th century, introduced mechanization and steam power, leading to urbanization and the rise of factories. The second industrial revolution, in the late 19th and early 20th centuries, saw the development of electricity, mass production, and the expansion of industries like steel and oil. Both revolutions transformed economies, increased productivity, and changed the way people lived and worked.
IT and Engineering.
effect of the industrial revolution on other countries
Great Britain was the country that played a significant role in financing the industrial revolution in Russia. British investors provided capital, technology, and expertise to help develop various industries in Russia during the late 19th and early 20th centuries.
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