114,094 views
20 votes
20 votes
How did capitalism cause the industrial revolution.

User AndrewJM
by
2.5k points

2 Answers

23 votes
23 votes

Final answer:

Capitalism caused the industrial revolution by enabling individual initiative, wealth accumulation, and technological advancements.

Step-by-step explanation:

Capitalism played a significant role in causing the industrial revolution. With the rise of capitalism, there was a shift from traditional economic systems based on landed fortunes to an exchange of labor for wages. This change allowed for individual initiative and the accumulation of wealth, which in turn fueled industrialization and technological advancements. Capitalism also fostered competition and progress, leading to the transformation of economic and social relationships, an increase in consumer goods, and changes in education.

User Ali Suleymanli
by
3.2k points
22 votes
22 votes
Capitalism caused the Industrial Revolution because industrialization required significant work and investment from individuals and not necessarily the government.
User Evdzhan Mustafa
by
2.5k points