Final answer:
During Industrialization, the production of goods dramatically increased due to technological innovations, greater access to natural resources, redesigned financial and management structures, and a growing labor force.
Step-by-step explanation:
The production of goods dramatically increased during Industrialization due to a combination of factors:
Technological innovations: One of the key drivers of increased production was the adoption of new technologies. For example, the use of water mills and later the steam engine powered factories, enabling mass production.
Greater access to natural resources: Industrialization required large quantities of raw materials, such as coal and iron. With improved transportation and mining techniques, businesses had greater access to these resources, allowing for increased production.
Redesigned financial and management structures: Industrialization prompted changes in the way businesses were managed and financed. Innovations in finance, such as joint stock companies, made it easier to raise capital for investment in new machinery and infrastructure.
Growing labor force: As more people moved to urban areas in search of work, businesses had a growing pool of labor to draw from. This increase in the labor force allowed for the expansion of production.