An ultimate cause for the rapid economic growth during the Industrial Revolution was:

Question

Quizplus · Accepted Answer

The development of good institutions, including property rights, free markets, and the rule of law, provided individuals with incentives to take risks and invest in innovation, ultimately leading to rapid economic growth during the Industrial Revolution. While Great Britain's colonization activity and the discovery of new sources of power also played a role, they were not the ultimate cause of the growth. The strengthening of government control and income redistribution, on the other hand, are typically associated with slower economic growth.

An Ultimate Cause for the Rapid Economic Growth During the Industrial