why were the technological innovations listed in the box developed in the late nineteenth century?

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20-12-2022
Business

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why were the technological innovations listed in the box developed in the late nineteenth century?

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arenasaleem890 arenasaleem890 · Answer 1 · 2022-12-22T21:55:27-05:00

Farmers started experimenting with novel ideas to market in recently established firms. Business executives have money to spend on the study and creation of new technology.

The Bessemer Process had a significant impact on the globe by making steel affordable and mass-producible. Only because of this discovery did steel become the preferred building material. The price of steel in England decreased from £40 GBP to £6-7 GBP per long tonne. Low-paying, low-skilled positions with readily replaceable personnel were produced by industrialization. overproduction leads to low product prices and farmer debt. The wealthy ought to take part in charitable endeavours that improve the lives of others. Numerous excellent outcomes came from the Industrial Revolution. A rise in wealth, the output of commodities, and the level of living were a few among them. The population had access to cheaper commodities, nicer housing, and a healthier diet. The Industrial Revolution also saw an upsurge in education.

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