The american block(capitalism and the communist block
The statement which is not true about concerning the economics of the Industrial Revolution is Short-term capital was most often used to purchase more land.
Answer: Option B
<u>Explanation:</u>
The statements that have been given in the question are directly related to the changes in the economy because of the industrial revolution. Capital became more important than land during the era of industrial revolution and there was need of two kinds of capital short term and long term for industrialization.
More over the financial systems in this era was much more complex as compared to the agricultural based society. But purchasing of land with short term capital had no direct link with industrial revolution.
The correct answer is - the Fertile Crescent.
From what is discovered so far, the place where the first agricultural communities appeared and people started to settle permanently and develop as a civilization, is the so called Fertile Crescent in the Middle East. The fertile Crescent was located between and around (in very close proximity) the rivers of Tigris and Euphrates.
