Why did big businesses emerge during the Industrial Revolution and how did it affect free enterprise?

Why did big businesses emerge during the Industrial Revolution and how did it affect free enterprise?

Why did big business emerge during the Industrial Revolution, and how did it affect free enterprise? Big businesses destroyed their competition when they formed monopolies, trusts, and cartels. Without competition, they controlled prices on entire industries, shutting down free enterprise in the process.

How did the Industrial Revolution improve city life?

Industrialization has historically led to urbanization by creating economic growth and job opportunities that draw people to cities. Urbanization typically begins when a factory or multiple factories are established within a region, thus creating a high demand for factory labor.

How did the industrial revolution bring about important changes to human life in the cities?

With growing wealth from industrialization, cities were able to provide cleaner, safer, and well-designed cityscapes. For example, a huge sewer line project in Paris was costly, but in the end, it helped to cut death rates dramatically. The cities’ poor did not experience many of these city improvements.

What key social and economic changes did industrialization bring about both for the better and for the worse explain your answer with evidence from the text?

The Industrial Revolution increased the standard of living for many by the big quantities of goods for lower prices produced by the factory system. Social mobility became more accessible and increased political rights.

How did intellectuals respond to the industrial revolution?

To a large extent, English Romantic intellectuals and artists felt that the modern industrial world was harsh and deadening to the senses and spirit. These intellectuals called for a return, both in life and in spirit, of the emotional and natural, as well as the ideals of the pre-industrial past.

What were some benefits of the Industrial Revolution?

What Are the Pros of the Industrial Revolution?

  • It increased job opportunities.
  • It inspired innovation.
  • Production levels increased.
  • Competition was created.
  • It improved processes in virtually any sector.
  • It reduced the influences of borders.
  • It changed the world from being a rural culture to an urban culture.