Question

During the Industrial Revolution, the agricultural industry experienced _____ production, which in turn, _____ the selling price of farm products.

decreased, decreased
decreased, increased
increased, increased
increased, decreased

Answer 1

The answer is D, increased and decreased; during the industrial revolution because production increased the prices they were sold at was much lower than if they had not been able to produce much which skyrockets prices.

Answer 2

• Answer:

increased, decreased

• Explanation:

During the industrial revolution, new production techniques were developed, including in agriculture, which needed to increase its productivity to meet the population increase. Thus, production increased and consequently the price of food decreased. The decrease in the price of food is explained by the theory of supply and demand, which explains that what determines the price of a good or service is the interaction between supply and demand. When supply increases, prices decrease and when supply decreases prices rise.