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Tasya [4]
3 years ago
7

During the Industrial Revolution, many governments

History
1 answer:
Varvara68 [4.7K]3 years ago
7 0

Answer:

You didn't give answer choices, but I will try to help.

Explanation:

Capitalism is a great idea, but it only profits those who have the resources to invest in business or property. This resulted in the decline of living conditions for those who needed hourly paying jobs to survive, and gave basically no room for movement up the ladder of industry. This upset the working class, and resulted in the strikes and demand for change in Government regulation.

The rise of captialism did result in the masses of lower class/poor citizens turning against it. This system of governement was geared towards privatized ownership of "capital". Therefore the rich whom could invest in industries would eventually be able to monoplized based on supply and demand. Workers would be at the losing end of this, with the industry reliant on those big investors, they would make up for any loses by under paying or bad working conditions. Long hours, hazardous environments, low wages and no real unions or regulations led to child labor and abuse of immigrant workers needing any job.  The industries were un-monitiered and the food packing industry took advantage of that, resulting in the Creation of the FDA under the Pure Food and Drug Act in 1906 under Teddy Roosevelt. Also, the formation of Labor unions, fair wage, age and work day restrictions were formed under the Fair Labor Standards Act of 1938 under Franklin Roosevelt.

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