Increased supply and demand for material goods can be traced back to

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The industrial revolution, which began in the late 18th century, marked a significant shift in the way goods were produced. It introduced new machinery and technology which allowed for mass production of goods in factories, thus increasing the supply of goods. This led to a rise in demand as people had more access to affordable mass-produced goods. The cycle of increased supply and demand has continued to this day. While events like the Great Depression and World Wars did affect the production and consumption of goods, they were not the root cause of the overall trend of increased supply and demand.

Increased Supply and Demand for Material Goods Can Be Traced