Between 1860 and 1914,the growth rate in industrial production

Question

Quizplus · Accepted Answer

During the period of 1860-1914, industrialization saw a steady growth rate that outperformed the growth rates of both population and the labor force. This period marked the beginning of the Industrial Revolution, which brought significant changes in the economic, social, and political aspects of many countries. The expansion of industrial production was fueled by new technologies, innovation, and entrepreneurship, which led to increased productivity and competitiveness. The growth in industrial production also contributed to the growth of other sectors, such as transportation, communication, and services.

Between 1860 and 1914,the Growth Rate in Industrial Production