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Keith_Richards [23]
3 years ago
11

What were some reasons why economic inequality increased during the second industrial revolution?

History
1 answer:
melisa1 [442]3 years ago
5 0

Answer:Pre-industrial merchant-capitalist growth, Van Zanden argued, caused the price of capital to rise, while the (real) price of labor declined. The result was the growth of inequality during phases of “early modern” and “modern” economic growth alike, until excess labor supplies disappeared around the beginning of the twentieth century.

Explanation:

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