Write a paragraph in which you respond to the following: how did industrialization impact the nineteenth-century world economy?

The answer to this question is:

How did industrialization impact the nineteenth-century world economy?

The Industrialization had a impact on the nineteenth-century world economy in a good way because It showed new technology that came around the late 1800's and early 1900's. and this is why the america has more power than any other countries in this world because of the Industrialization Impact

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Thanks to industrialization, the economy of the Nineteenth century:

Saw massive growth Became more diversified

Industrialization allowed for goods and services to be produced at a higher quantity and at a faster rate. This higher production meant that economies could produce more than they could before thereby leading to economic growth.

The innovations that came with industrialization also meant that the economy became diversified because people were able to go into different fields such as electricity and oil refinery.

In conclusion, industrialization allowed for the economy to grow and be diversified.

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Where people were very broke no jobs were available and everyone was struggling