A socialist economy is a system of production where goods and services are produced directly for use, in contrast to a capitalist economic system, where goods and services are produced to generate profit (and therefore indirectly for use). "Production under socialism would be directly and solely for use.
<span>Now that we have looked at how and why the Industrial Revolution occurred, it’s time to consider its effects on people. We learned that industrial production increased tremendously, bringing wealth and power to Great Britain throughout the 19th century. But we have yet to explore the effects of industrialization on society, on the daily living and the working conditions of common people. What was life like for the average industrial worker? Was living in a new industrial city and working in a factory an improvement over life in the countryside? Did the new factory life change for the better the roles of family members, including women and children? Were people healthier? In general, did the Industrial Revolution improve life for most people? To answer these questions, we’ll look at various primary source accounts to gather evidence from the people that actually lived through this time period.</span>
Renaissance marriages were not simply personal matters; they were
crucial to the network of alliances that underlay a family’s prosperity
and prospects and that, in turn, formed the fabric of loyalties,
affection, and obligation that supported civic institutions. Arranging a
suitable match involved family, friends, associates, and political.in aristocratic families, marriages were a currency of dynastic and diplomatic exchange