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Answer:
Industrialization
Explanation:
The are various economic changes in the period 1750-1900 that led to the formation of new elites, one of which is "Industrialization."
Through industrialization which began in the middle of the 1700s, the business owners were able to expand their business, and produce in large quantities, particularly those initially requiring large laborers. Hence, these business owners were able to produce more quantities at a relatively cheaper cost and faster rates.
Thereby, they earn more profits and expand their business, making them the new elites of their era.