Question

How did economic thinkers react to the problems of industrial capitalism?

Answer 1

​Capitalism caused the Industrial Revolution because industrialization required significant work and investment from individuals and not necessarily the government. ... This investment from individuals, whose actions were guided by the profit motive, would not have been possible without the emergence of capitalism.

Answer 2

In economic system: From commercial to industrial capitalism. Commercial capitalism proved to be only transitional. The succeeding form would be distinguished by the pervasive mechanization and industrialization of its productive processes, changes that introduced new dynamic tendencies into the economic system while significantly transforming the social and physical landscape.

Step-by-step explanation:

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