Which of the following Best characterizes the outcome of industrialization
A. Monarchs gained wealth, but the poor and middle classes didn't
B. Every social class lost wealth
C. Every social class gained wealth
D. The middle class and elites got richer while the poor became poorer
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Answer:
D. The middle class and elites got richer while the poor became poorer
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Explanation:
During the industrialization, many elites and middle class had the opportunity to invested their capital in order to create factories that run on modern technologies.
This made the production became much more efficient and increase the amount of profit that they can get. Causing many middle class and elites accumulated a lto of wealth.
But, in order to do it, they had to cut down the labor cost to as low as possible. So, many of the lower class actually became poorer during the industrialization.
