The Industrial Revolution began in England in the late 18th century, and spread during the 19th century to Belgium, Germany, Northern France, the United States, and Japan. Almost all areas of the world felt the effects of the Industrial Revolution because it divided the world into "have" and "have not" countries, with many of the latter being controlled by the former. England's lead in the Industrial Revolution translated into economic prowess and political power that allowed colonization of other lands, eventually building a worldwide British Empire.
According to Adam Smith, the desire to earn more money as a baker or another profession benefits society by generating free competition and developing the market, generating lower prices, higher quality of products and services, and faster production.
<h3>Who was Adam Smith?</h3>
Born in Edinburgh in 1723, Smith was a philosopher and economist who advocated economic liberalism. For him, it should have complete economic freedom to increase private initiative.
Through his ideas based on less state intervention in private property, Adam Smith was an influencer for the development of capitalism.
Therefore, in the Enlightenment period, Adam Smith instituted ideas in support of free trade, being supported by the bourgeoisie who were against the absolutism still practiced by the kings at that time.
According to his theory, liberalism would promote economic freedom that would regulate the market through free competition.
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The Answer is The First one
“It Gave the Allies the advantage to win the war”
