how did industrial revolution give rise to capitalism

Open in App

Solution

The industrial revolution gave rise to capitalism because it enabled capitalists to build factories and earn profit. The profit earned would be reinvested to generate more profits. This would not have been possible if the industrial revolution had not created the technology and the machinery to create factories.

Suggest Corrections

Similar questions

How was the Industrial Revolution responsible for giving rise to sociology?

Join BYJU'S Learning Program