Question

Which of the following best explains the effect of new machinery, as shown in the image, on the economy of Great Britain?

They reduced the workforce needed to produce goods, causing a lull in economic growth.
They led to an increase in the quality of goods produced, effectively ending foreign trade.
They made large-scale production possible, which increased demand and led to rapid economic growth.
They led to higher-quality production, driving up the prices for manufactured goods and limiting access to the wealthy.

Answer 1

They made large-scale production possible, which increased demand and led to rapid economic growth.

Step-by-step explanation:

The effect of new machinery had a great impact on the economy of Great Britain because they made large-scale production possible, which increased demand and led to rapid economic growth of the country. With the help of new machinery, goods are produced in large quantity in very less amount of time as compared to labour which takes more time so new machinery plays a key role in enhancing the economy of Great Britain.