Identify two major effects of new technology on business during the Industrial Revolution.(1 point) Pick one
Responses
Fewer goods were manufactured and sold.
Fewer goods were manufactured and sold.
Workers made more money and worked fewer hours.
Workers made more money and worked fewer hours.
Production became faster and less expensive.
Production became faster and less expensive.
The streets were less traveled and cleaner.
Production became faster and less expensive.
Production became faster and less expensive.
The correct answer is:
Production became faster and less expensive.
To identify the major effects of new technology on business during the Industrial Revolution, you need to understand the context and the changes that occurred during that time period. Here are the steps to find the answer:
Step 1: Research the Industrial Revolution
Gain a basic understanding of what the Industrial Revolution was, when it occurred, and the key changes it brought to society and the economy.
Step 2: Identify the major technology advancements
Look for specific technological advancements that were introduced during the Industrial Revolution. These advancements had a significant impact on business operations.
Step 3: Evaluate the effects of the technology advancements
Analyze how these technological advancements affected business operations. Consider factors such as production speed, cost efficiency, and overall output.
Based on the evaluation, the major effects of new technology on business during the Industrial Revolution were:
- Production became faster: The introduction of machinery and steam power allowed for higher efficiency and increased production speed. This led to the mass production of goods.
- Production became less expensive: The use of new technology reduced production costs by streamlining processes and eliminating manual labor. This ultimately made goods more affordable for consumers.
Therefore, "Production became faster and less expensive" is the correct answer.