1. industrial Revolution
... This encouraged investment. Eventually, newer commercial entrepreneurs would build and operate factories, foundries, and railroads. The beginning of the Industrial Revolution produced growth in many fields such as agricultural, textile, clothing and fabrics, etc. It was a manufacturing economy, which is also a surplus economy. In this type a economy a person's productive labor needs to produce more than they need to keep life and the cycle ... increase need or demand for operators. These and other advances or devices led to the building of large textile factories, which created enormous o...
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