Idek it's just asking me to help but someone said a I don't even read this but good job
The Industrial Revolution transformed economies that had been based on agriculture and handicrafts into economies based on large-scale industry, mechanized manufacturing, and the factory system. New machines, new power sources, and new ways of organizing work made existing industries more productive and efficient.
<u>Key features of the Industrial Revolution</u>
- Population shift – moving from rural agriculture to work in factories in cities.
- Mass production of goods, increased efficiency, reduced average costs and enabled more to be produced.
- The rise of steam power, e.g. steam trains, railways and steam-powered machines.
Can have difficulty finding work.
Answer:
A. Threat of new entrants will be low
Explanation:
Micheal Porter's Five Forces is a framework designed for the sole purpose of analyzing a company's competitive environment. Based on this information it can be said that the cumulative learning and experience effects of a company will most likely affect these forces by making the threat of new entrants extremely low since it will make competing with the already established company extremely hard and lead to almost certain failure for the entering company.
The superficial change in a system which itself stays invariant is termed <u>First-order</u> while the basic change in the structure of a system is called a <u>second-order</u>.
<h3>What is a
change?</h3>
This refers to any consistent trend in the environment that affects a substantial part of the globe.
However, the First-order is used when for the superficial change in a system and the Second-order is used for the basic change in the structure of a system.
Therefore, the "First-order" and "Second-order" are the respective answers.
Read more about change
<em>brainly.com/question/25594630</em>
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