What are two reasons that banks failed during the great depression? foreign nations stopped war debt payments. credit card interest rates were not high enough. farms went bankrupt and could not pay back loans. they had invested too heavily in the stock market.

the industrial revolution pushed the world into modern industrialization. it changed the course of history profoundly. it caused rapid urbanization and pushed cities and countries into development. the industrial revolution began in great britain with a series with new inventions which led to the creation of machines and mass production.

this caused the country to gain wealth and money and become an international superpower. it improved transportation and manufacturing inside the country, pushed people to live in urban areas and britain to become the most powerful nation in the world for a while.