Explain the impact of new markets, entrepreneurs, and inventions on the 19th century economy.

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History

Marcel Alvarado

11 January, 10:51

Explain the impact of new markets, entrepreneurs, and inventions on the 19th century economy.

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Terrence Chung · Answer 1

New inventions in the markets, entrepreneurs, and inventions in the 19th century was that industrial revolution had begun and everything was being revolutionized. Things ranging from household items to anything ordinary were being replaced and renewed.

Explanation:

With the onset of 19th century, the world saw a new era where everything had started to begun to revolutionize. It not only gave rise to more power but also a lot of people with low income were being replaced.

People were getting new jobs, things were becoming cheaper as well as expensive. The labor market had contenders because everyone was looking for something to do.