The growth of industrialization changed the socio-economic pattern of

1.	The growth of industrialization changed the socio-economic pattern of Europe." State how
Answer» 1.As economic activities in many communities moved from agriculture to manufacturing, production shifted from its traditional locations in the home and the small workshop to factories. 2.Large portions of the population relocated from the countryside to the towns and cities where manufacturing centers were found. 3.The overall amount of goods and services produced expanded dramatically, and the proportion of capital invested per worker grew. 4.New groups of investors, businesspeople, and managers took financial risks and reaped great rewards

The growth of industrialization changed the socio-economic pattern of Europe." State how

Answer»

1.As economic activities in many communities moved from agriculture to manufacturing, production shifted from its traditional locations in the home and the small workshop to factories.

2.Large portions of the population relocated from the countryside to the towns and cities where manufacturing centers were found.

3.The overall amount of goods and services produced expanded dramatically, and the proportion of capital invested per worker grew.

4.New groups of investors, businesspeople, and managers took financial risks and reaped great rewards

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