Answer:
I would say the economy became more industrial. If not that then it remained industrial. Honestly both seem to work. I'm not a 100% but I thought it was best for u to receive an answer sooner
The economic expansion took place in the 1900s in the United States of America. The GDP of the country increased continuously for 10 years. The jobs were still less and it was observed that financial and service sectors boomed more than that of the manufacturers. In 1194, jobs were also created and this also led to further economic development. The amount of wealth generated was very high and poverty rates decreased.
Answer:
See below :)
Explanation:
<em>Historians have identified several causes for the Industrial Revolution, including: the emergence of capitalism, European imperialism, efforts to mine coal, and the effects of the Agricultural Revolution. Capitalism was a central component necessary for the rise of industrialization.</em>
In a free market, supply and demand determine the number of goods produced: the more needed, the more is produced, and the type of goods produced: only the goods that are needed are produced.
I hope this helps!
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