Laissez-faire capitalism was responsible for problems that arose during the Industrial Revolution, such as child labor, hazardous and unhealthy working conditions, and a lack of fundamental worker rights.
<h3>How did capitalism change as a result of the Industrial Revolution?</h3>
The household system was replaced by the factory system, and small-scale production was replaced by mass production, which were the two fundamental developments brought about by the Industrial Revolution. Industrial capitalism and financial capitalism both grew as a result of the industrial revolution.
<h3>How was imperialism influenced by the Industrial Revolution?</h3>
The industrial revolution gave Europe the ability to successfully conquer and profitably sustain so many colonies abroad, which was the driving factor behind this new Imperialism. Due to the industrial revolution, Europe had little choice but to conquer other territories.
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Although the war began with Nazi Germany's attack on Poland in September 1939, the United States did not enter the war until after the Japanese bombed the American fleet in Pearl Harbor, Hawaii, on December 7, 1941<span>.</span>
It was primarily tied up in the slave economy.
The Great Depression hit Germany hard. The impact of the Wall Street Crash forced American banks to end the new loans that had been funding the repayments under the Dawes Plan and the Young Plan. The financial crisis escalated out of control and mid-1931, starting with the collapse of the Credit Amstel in Vienna in May.This put heavy pressure on Germany, which was already in political turmoil. With the rise in violence of Nazi and communist movements, as well as investor nervousness at harsh government financial policies.
