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Economic Policy in the 19th Century: Difference between revisions
Economic Policy in the 19th Century (view source)
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(Created page with "== Introduction == The 19th century was a period of significant change in the world's economic policies. The century was marked by the rise of industrial capitalism, the expansion of global trade, and the development of new economic theories. This article will explore these developments in detail, focusing on the key economic policies that shaped the 19th century. == Industrial Capitalism == The 19th century saw the rise of [[Industrial Capitalism|industrial capitalism]...") |
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The 19th century saw the rise of [[Industrial Capitalism|industrial capitalism]], a system where industries are controlled by private owners for profit. This was a shift from the agrarian economies that had dominated previous centuries. Industrial capitalism was characterized by the growth of factories, the use of machinery, and the mass production of goods. | The 19th century saw the rise of [[Industrial Capitalism|industrial capitalism]], a system where industries are controlled by private owners for profit. This was a shift from the agrarian economies that had dominated previous centuries. Industrial capitalism was characterized by the growth of factories, the use of machinery, and the mass production of goods. | ||
[[Image:Detail-146323.jpg|thumb|center|A 19th-century factory with smokestacks, symbolizing the rise of industrial capitalism.]] | |||
== Global Trade Expansion == | == Global Trade Expansion == | ||