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KiRa [710]
2 years ago
10

How was the surplus created? how was it sustained? industrial revolution

Social Studies
1 answer:
aleksandr82 [10.1K]2 years ago
3 0

The industrial companies controlled the surplus and were also the ones making the money from the factories. They did this by exporting and importing the materials to produce more goods.

Here are some important reasons why the Industrial Revolution started in Britain: Surplus Capital - Economic growth and increased foreign trade have accumulated enormous wealth in Britain. This surplus capital was used to develop new industries and build new factories.

The Industrial Revolution transformed an economy based on agriculture and handicrafts into an economy based on large-scale industry, mechanized manufacturing, and a factory system. New machines, new sources of energy, and new ways of organizing work have increased the productivity and efficiency of existing industries.

Learn more about the industrial revolution here: brainly.com/question/13323062

#SPJ4

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