<span>Homework Help </span>> HistoryHow did the Industrial Revolution affect people in how they worked and how they conducted business? A detailed answer.<span>Download AnswersAsked on February 8, 2010 at 3:12 AM by kennyzappa<span>like 2</span><span>dislike 0</span></span><span><span>7 Answers | Add Yours</span><span>pohnpei397 | <span>College Teacher </span>| (Level 3) Distinguished EducatorPosted on February 8, 2010 at 3:13 AMThe answer to this is different in different times and places, but here is a general answer.The Industrial Revolution made work be more regimented and less skilled. Instead of working for yourself, at your own pace, you had to work for a boss and work when and how hard that boss told you to. This made workers feel much less independent than they once had.As for conducting business, things also became much more impersonal and regimented. Instead of conducting one's business as boss to a few apprentices and journeymen, a factory owner would now need to manage hundereds of employees.So, in general, the Industrial Revolution made the workplace much more impersonal and took away the independence of the workers it employed.</span></span>
I believe Economist such as Adam smith would believe that. Adam smith is one of the original economists that popularized the free market system. He believed that even with less or no Government intervention, the Market will regulate itself to the power of 'invisible hands' (or what we known as the power of supply and demand that always move toward equilibrium)
