After the increase in technology, what items became valuable sources of capital? Industrialization and imperialism. Please help

Question

anastassius [24]

3 years ago

12

After the increase in technology, what items became valuable sources of capital? Industrialization and imperialism. Please help

me

History

1 answer:

KonstantinChe [14] · Answer 1 · 2022-01-17T20:51:29+03:00

Answer:

<em>After the increase in technology, machinery and equipment became the most valuable sources of capital.</em>

Explanation:

During Pre-Industrial societies the most valuable sources for generating income and wealth were Land and labor. Anyone with abundant agriculture land could hire people to work on them and earn a good living.

However, with the industrial revolution, automation and efficiency became more valuable and only those who could employ and run the latest machinery and churn out high-demand products, would become wealthy.