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katrin2010 [14]
3 years ago
8

What are the social, political, and economic consequences of industrialization?

History
1 answer:
inn [45]3 years ago
5 0

Answer:

Industrialization is the transformation of a society from agrarian to a manufacturing or industrial economy. Industrialization contributes to negative externalities such as environmental pollution. Separation of capital and labor creates a disparity in incomes between laborers and those who control capital resources.

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What did the Revenue Act of 1932 do?
masya89 [10]

Answer: The Revenue Act of 1932 (June 6, 1932, ch. 209, 47 Stat. 169) raised United States tax rates across the board, with the rate on top incomes rising from 25 percent to 63 percent. The estate tax was doubled and corporate taxes were raised by almost 15 percent.

Explanation:

The Revenue Act of 1932 (June 6, 1932, ch. 209, 47 Stat. 169) raised United States tax rates across the board, with the rate on top incomes rising from 25 percent to 63 percent. The estate tax was doubled and corporate taxes were raised by almost 15 percent.

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