Corporations brought together capital to operate large businesses.
Economic Developments and Innovations in the Industrial Age
Industrial economies expanded capitalism, banking, and mass production. Owners, workers, and consumers experienced these changes differently.
The big picture
What to know
Industrial economies expanded capitalism, banking, and mass production. Owners, workers, and consumers experienced these changes differently.
Factories concentrated labor, machinery, and production under one roof.
Global markets connected industrial producers with distant suppliers and buyers.
Check your understanding
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Which example fits this clue? This example brought together capital to operate large businesses.
Select an answer to check your thinking.
Which example fits this clue? This example concentrated labor, machinery, and production under one roof.
Select an answer to check your thinking.
Which example fits this clue? This example connected industrial producers with distant suppliers and buyers.
Select an answer to check your thinking.
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How did industrialization change economic systems?
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Industrial economies expanded capitalism, banking, and mass production. Corporations brought together capital to operate large businesses. Factories concentrated labor, machinery, and production under one roof.
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corporations
Corporations brought together capital to operate large businesses.
factories
Factories concentrated labor, machinery, and production under one roof.
global markets
Global markets connected industrial producers with distant suppliers and buyers.
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