How Did The Industrial Revolution Reflect On The Consumers Economic Freedom

191 Words1 Pages
The Industrial Revolution changed the lives of many citizens, in areas of politics, economics, and social aspects. During the Industrial Revolution, many new machines were being invented and brought into factories. In turn, because machines were being introduced, people began to lose their jobs and were replaced. However, this opened up new doors for others. With advanced technology, products could be made more quickly and efficiently. Owners of businesses and companies were at competition. Their self interest to make more money resulted in a clash between them. Their economic freedom to sell what they want, reflects on the consumers economic freedom in which they buy what they want. By producing what the consumers want, company owners achieve