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TEA [102]
3 years ago
6

Describe how industrialization and capitalism impacted the U.S. economy.

History
1 answer:
erik [133]3 years ago
3 0

Answer:

The unprecedented levels of production in domestic manufacturing and commercial agriculture during this period greatly strengthened the USA economy and reduced dependence on imports. Capitalism is greatly efficient and allowes Large economic growth!

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The industrial revolution brought about a massive change in the way people worked for everyone, not just the small farmers. Prior to the revolution, most people worked in or near their own homes. Crafts like spinning, weaving, pottery etc were carried out at home, not in factories. Whole families tended to be involved in whatever the family enterprise might be. The Industrial Revolution obliged people to go and work in factories instead of working at home. The home and the workplace had become irrevocably seperate. People no longer worked for themselves, but for other people.
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</span>
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