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The Industrial Revolution, Capitalism & Communism

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1.) What are some of the most significant social consequences of the Industrial Revolution?
2.) What is the relationship between the Industrial Revolution and the development of Capitalism?
3.) How did the rise of Capitalism lead to the development of Communism?
4.) What do you think are the most significant differences between Capitalism and Communism?

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Solution Summary

The industrial revolution, capitalism and communism are examined.

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1.) In regards to the social consequences of the Industrial Revolution, society changed drastically. Such significant changes include the huge increase in material wealth that the Western world acquired. They became a dominant leading power in the world. The increase in material goods led to agriculture no longer being the main economic source for the United States. This drastically affected the hierarchy of society with farmers no longer ...

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