During the late nineteenth century, industrial capitalism fully replaced eighteenth-century economic views about merchant capitalism.

Question

During the late nineteenth century, industrial capitalism fully replaced eighteenth-century economic views about merchant capitalism.​

Quizplus · Accepted Answer

Industrial capitalism emerged as the dominant economic system in the late nineteenth century, focusing on mass production and industrialization, which overshadowed the earlier merchant capitalism that was centered around trade and commerce.

During the Late Nineteenth Century, Industrial Capitalism Fully Replaced Eighteenth-Century