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Saturday, May 4, 2019

Industrial Revolution Capitalism and Communism Essay

industrial Revolution Capitalism and Communism - Essay ExampleSubsequently, this labor force could not be do to fit itself inside the dimensions of medieval economy that used to be fully control direct by the monarchs, businessmen, and noblemen. Hence, labor brass section against the medieval structure of laissez faire led to significant change in industrial and economic relations influencing the ordination as a whole (Goloboy, 2006). In examining that how the workers lives were altered by industrialization, we must say that the workers had to acquire newer scientific discipline sets, work for longer, and function production oriented without rest and entertainment. Factory owners chose to exploit them and society changed rapidly. Workers were now underpaid, they lived in factory system, and state became a managing committee of the business owners (Carlton, 1920).Second, mechanization of production processes the number of people workings in the factories. The lifestyle in agraria n economy was drastically different from that in the industrial economy. This led to extensive urban development since changes in lifestyle increased ambition and consumption of the masses. After sign hurdles, urban development led to social mixing, abolition of obsolete traditions, and innovation of shorter and simpler social customs, rituals, formalities, etc. scarcely the economic differences amongst the owners and the workers began to become steeper along with these developments. Owners continued to become richer and workers continued to become poorer.During and by and by industrial revolution, a new class of businessmen emerged who have enough capital, which they could use to build factories and look into with different methods production engineering and fund research. This weakened the economic control of monarchs, although no significant semipolitical change took place. Hence, a powerful business class the capitalists emerged, who established the system of capitalism ( Goloboy, 2006). Relationship between the working class and the owners was

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