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4. What can you conclude is an economic results of increased production in factories? What factors led to wage increases?
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4. What can you conclude is an economic results of increased production in factories? What factors led

to wage increases?

User BingsF
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1 Answer

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Answer: Industrialization is the transformation of a society from an agrarian economy to an industrial one. Industrialization has enormously positive impacts on wages, productivity, wealth generation, social mobility and standard of living. During industrialization, all wages tend to rise, though the wages of some rise much faster than others.

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User OPK
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