Final answer:
The statement about kinship structures being replaced by market forces as presented by Linda Nicholson is false. Industrialization led to considerable changes in social structures, including the shift in power and transformation of family dynamics.
Step-by-step explanation:
According to Linda Nicholson, the notion is false that as industrialization occurred, the previous laws of kinship structures were slowly being substituted by the market of supply and demand. The era of industrialization brought significant social and economic changes. It shifted power from aristocracy to business magnates, resulted in the market revolution where supply, demand, and price overruled social relationships, and led to changes in family structures where the nuclear family replaced the extended family. This transformation caused a shift in economic transactions from being driven by social relationships to being dictated by market forces. Customary social practices diminished in favor of more anonymous market transactions.