64.7k views
3 votes
Explain the causes of increased economic opportunity and its effects on society.

1 Answer

4 votes

Final answer:

Increased economic opportunity can have various causes and effects. Causes include the rise of productivity and technology, as well as capitalism. Effects include upward mobility for individuals and the creation of economic inequalities.

Step-by-step explanation:

The increased economic opportunity in a society can have several causes and effects. One cause is the rise of productivity and technology, which leads to the growth of urban centers and the availability of jobs. This attracts workers and creates a more diverse population in cities. Another cause is the increase in capitalism, which promotes social mobility and encourages individuals to acquire wealth. The effects of increased economic opportunity on society are numerous. It can lead to upward mobility for individuals and their families, as they strive to improve their economic status. It can also result in the creation of economic inequalities between those who have opportunities and advantages and those who do not. These differences in economic status can impact an individual's access to resources, education, and overall quality of life.

User Camilomq
by
8.1k points

No related questions found