Question

How did the industrial revolution affect the income around the globe?

a) It led to a global increase in income due to increased production and trade.
b) It resulted in a decrease in income as traditional industries were disrupted.
c) Income remained largely unchanged during the industrial revolution.
d) The industrial revolution only impacted the income of a few select countries.

Answer 1

The Industrial Revolution led to a global increase in income due to increased production and trade. Mechanization and technological advancements allowed for more efficient and higher volume production, leading to economic growth. However, there were also inequalities between industrialized and non-industrialized nations.

Step-by-step explanation:

The Industrial Revolution had a significant impact on income around the globe. Option a) is the most accurate choice. The increased production and trade brought about by the Industrial Revolution led to a global increase in income. Mechanization and technological advancements allowed for more efficient and higher volume production, leading to economic growth.

For example, in Western Europe and North America, the Industrial Revolution created unprecedented wealth and raised the standard of living for many people. The mass production of goods gave these countries an advantage in the world marketplace. However, it is important to acknowledge that the Industrial Revolution also resulted in inequalities, with industrialized nations experiencing more economic growth than non-industrialized nations.