Question

Did factories during the Industrial revolution make the prices for goods higher or lower

Answer 1

Crafts' research depicts the increase of British income during the Industrial Revolution. He claims that the average income increased from $333 to $399 from 1700 to 1760 and it increased from $427 to $498 from the year 1800 to 1830.

Answer 2

for factories in the industrial revolution it depended. if they had a lot of material then they would make the prices lower so they could sell a lot of it and still get a lot of money. But if they didn’t have as much stuff then they would make the prices higher because they still wanted to make money off it.