2019johnfranken
12.02.2021 •
History
Which of the factors
that led Great Britain
to the Industrial
muolution is indicated
Solved
Show answers
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Ответ:
The Industrial Revolution, now also known as the First Industrial Revolution, was the transition to new manufacturing processes in Europe and the United States, in the period from about 1760 to sometime between 1820 and 1840. This transition included going from hand production methods to machines, new chemical manufacturing and iron production processes, the increasing use of steam power and water power, the development of machine tools and the rise of the mechanized factory system. The Industrial Revolution also led to an unprecedented rise in the rate of population growth.
Ответ:
The correct answer is to leave the economy alone.
Adam Smith wrote a famous book about economics known as the Wealth of Nations. In this book, Smith argues that the economy operates best when the government does not interfer with the affairs of businesses. This idea is known as laissez faire capitalism.
Instead, Smith believes that businesses will regulate each other through the invisible hand. The invisible hand is a concept that states that the competition between business will ensure that business owners make the decisions that are best for the consumer. This philosophy was a significant part of the economy in America during the Gilded Age.