How was the U.S. economy affected by the business practices of the Industrial Revolution?

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Clawrence2024idn Clawrence2024idn

05-11-2021
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How was the U.S. economy affected by the business practices of the Industrial Revolution?

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Megandonellan2006811idn Megandonellan2006811idn · Answer 1 · 2021-11-05T15:48:00-04:00

Megandonellan2006811idn Megandonellan2006811idn

05-11-2021

Answer:

The Industrial Revolution shifted from an agrarian economy to a manufacturing economy where products were no longer made solely by hand but by machines. This led to increased production and efficiency, lower prices, more goods, improved wages, and migration from rural areas to urban areas.

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