How did the free Enterprise system contribute to the industrial revoluton

1. it allowed business owners to invest freely in new industries
2. it limited competition between business
3. it ensured workers received fair wages
4. it required governement regulation of industries

1 answer

The correct answer to how the free enterprise system contributed to the Industrial Revolution is:

  1. It allowed business owners to invest freely in new industries.

The free enterprise system encourages entrepreneurship and private investment, which were crucial for the expansion and innovation seen during the Industrial Revolution. This environment enabled individuals to start new ventures, invest in new technologies, and create businesses that contributed to economic growth and industrial development.