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In History / Middle School | 2014-10-16

Why were both inventors and capitalists needed to bring about the Industrial Revolution?

Asked by Smithkyarra

Answer (2)

Capitalists created the economic force that drove the revolution while the inventors created new technology that made it it easier to create products and make more money which in turn helped the capitalists.

Answered by HomingSnail | 2024-06-10

The Industrial Revolution succeeded because inventors created new technologies that increased production, while capitalists provided the necessary funding and infrastructure to implement these innovations. Their interdependence fueled rapid industrial growth and transformed societies. This collaboration ultimately reshaped economies from agriculture-based to industry-based.
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Answered by HomingSnail | 2024-12-01