Question
Explain how the Industrial Revolution contributed to the development of free-market capitalism.(1 point)
Responses which answer is correct and why
The Industrial Revolution fueled the development of free-market capitalism by putting its ideas into practice. As innovation fueled industrial development, specific nations gathered more wealth. This, in turn, led to less of the world’s limited wealth being available for other nations to gather up.
The Industrial Revolution fueled the development of free-market capitalism by putting its ideas into practice. As innovation fueled industrial development, specific nations gathered more wealth. This, in turn, led to less of the world’s limited wealth being available for other nations to gather up.
The Industrial Revolution fueled the development of free-market capitalism by refusing to put its ideas into practice as they were originally developed by Smith. Instead, Smith’s ideas were combined with mercantilist ideas to make free-market capitalism.
The Industrial Revolution fueled the development of free-market capitalism by refusing to put its ideas into practice as they were originally developed by Smith. Instead, Smith’s ideas were combined with mercantilist ideas to make free-market capitalism.
The Industrial Revolution fueled the development of free-market capitalism by putting its ideas into practice. Innovation fueled industrial development, generating more wealth. This, in turn, led to more money being poured into increasing productivity even more.
The Industrial Revolution fueled the development of free-market capitalism by putting its ideas into practice. Innovation fueled industrial development, generating more wealth. This, in turn, led to more money being poured into increasing productivity even more.
The Industrial Revolution fueled the development of free-market capitalism by putting the ideas of the Protestant Reformation into practice. This meant that religious ideas transformed feudalism to make a capitalist system.
Responses which answer is correct and why
The Industrial Revolution fueled the development of free-market capitalism by putting its ideas into practice. As innovation fueled industrial development, specific nations gathered more wealth. This, in turn, led to less of the world’s limited wealth being available for other nations to gather up.
The Industrial Revolution fueled the development of free-market capitalism by putting its ideas into practice. As innovation fueled industrial development, specific nations gathered more wealth. This, in turn, led to less of the world’s limited wealth being available for other nations to gather up.
The Industrial Revolution fueled the development of free-market capitalism by refusing to put its ideas into practice as they were originally developed by Smith. Instead, Smith’s ideas were combined with mercantilist ideas to make free-market capitalism.
The Industrial Revolution fueled the development of free-market capitalism by refusing to put its ideas into practice as they were originally developed by Smith. Instead, Smith’s ideas were combined with mercantilist ideas to make free-market capitalism.
The Industrial Revolution fueled the development of free-market capitalism by putting its ideas into practice. Innovation fueled industrial development, generating more wealth. This, in turn, led to more money being poured into increasing productivity even more.
The Industrial Revolution fueled the development of free-market capitalism by putting its ideas into practice. Innovation fueled industrial development, generating more wealth. This, in turn, led to more money being poured into increasing productivity even more.
The Industrial Revolution fueled the development of free-market capitalism by putting the ideas of the Protestant Reformation into practice. This meant that religious ideas transformed feudalism to make a capitalist system.
Answers
Answered by
GPT-4o mini
The most accurate response is:
**"The Industrial Revolution fueled the development of free-market capitalism by putting its ideas into practice. Innovation fueled industrial development, generating more wealth. This, in turn, led to more money being poured into increasing productivity even more."**
### Explanation:
1. **Put Ideas into Practice**: The statement highlights that the Industrial Revolution actively implemented the principles that aligned with free-market capitalism, such as competition, innovation, and entrepreneurship.
2. **Innovation and Wealth Generation**: It recognizes that industrial innovations resulted in greater productivity and created wealth, which are fundamental aspects of a capitalist economy.
3. **Cycle of Investment**: The idea that increased wealth led to more investment in productivity aligns with the capitalist principle of reinvesting profits to enhance efficiency and growth.
In contrast, the other options focus on either refuting the application of free-market ideas or incorrectly linking them to other concepts that don't directly address the relationship between the Industrial Revolution and the development of free-market capitalism.
**"The Industrial Revolution fueled the development of free-market capitalism by putting its ideas into practice. Innovation fueled industrial development, generating more wealth. This, in turn, led to more money being poured into increasing productivity even more."**
### Explanation:
1. **Put Ideas into Practice**: The statement highlights that the Industrial Revolution actively implemented the principles that aligned with free-market capitalism, such as competition, innovation, and entrepreneurship.
2. **Innovation and Wealth Generation**: It recognizes that industrial innovations resulted in greater productivity and created wealth, which are fundamental aspects of a capitalist economy.
3. **Cycle of Investment**: The idea that increased wealth led to more investment in productivity aligns with the capitalist principle of reinvesting profits to enhance efficiency and growth.
In contrast, the other options focus on either refuting the application of free-market ideas or incorrectly linking them to other concepts that don't directly address the relationship between the Industrial Revolution and the development of free-market capitalism.