Question

2. The statement which best describes the effect that the wealth produced by industrialization had on society is that:

a. It increased the power of a wealthy elite, with industrial and financial corporations, as the backbone of that power.
●b. The wealth produced by industrialization was shared equitably between the workers and owners of business.
●c. It led to an overwhelming surge in the power of the working classes as they militantly exercised their right to strike.
d. Society remained largely the same, dominated by the same aristocratic elites that had dominated the US since the
Revolution.

Answer 1

The wealth produced by industrialization increased the power of a wealthy elite.

Step-by-step explanation:

The correct statement that best describes the effect that the wealth produced by industrialization had on society is option a. It increased the power of a wealthy elite, with industrial and financial corporations, as the backbone of that power.

During the Industrial Revolution, industrialization led to the rise of wealthy individuals and corporations who controlled the means of production. This accumulation of wealth concentrated power in the hands of a small group, creating social and economic inequalities.

An example of this is the emergence of industrial tycoons like Andrew Carnegie and John D. Rockefeller, who amassed enormous fortunes through their control of steel and oil industries respectively.

Learn more about impact of industrialization on society