Excelsior Works was Rockefeller's first oil refinery, while Standard Oil was the huge corporation he later developed.
In a free market economy, the price and distribution of goods and services is governed by the law of supply and demand. Producers or firms produce those services and goods that consumers are willing and able to pay for in the market.
The job opportunities for women and children were increased during the early Industrialization as they both could be paid less wages as compare to the men.
<h3>Why did industrialization led to women and child labor?</h3>
During the industrial revolution, age and gender influence the wages badly. Women were getting only one-third of the men's average salary. However, they were given mostly traditional work such as printing, spinning etc.
Children were exploited too much during the industrial revolution as they were paid so less for heavy work loads. They worked in dangerous conditions and got harm while working.
Industrialization exploited women and children by taking so much work advantages in too less wages.
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In England, people associate the acceptance of their Bill of Rights with the reign of King John.
<span>This is known as the Placebo effect the actual cause of relief seems to come from endorphins. The common element in these methods may be their ability to stimulate the production of endorphins.</span>
