98.7k views
4 votes
Which economic system is driven by competition and became popular during the industrial revolution?

a.socialism
b.communism
c.democracy
d.capitalism?

User ToTheMax
by
6.3k points

1 Answer

5 votes
The answer is D, capitalism. Almost all businesses were privately owned and that is the main reason that so many workers were underpaid and suffering during that time period. However, this system also promoted growth and free moral agency, so just like all economic systems, it has its ups and downs. 
User Thizzer
by
6.4k points