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How did industrialization contribute to growing inequality? - Answers

Industrialization contributed to growing inequality by concentrating wealth and power in the hands of a small capitalist class, while many workers faced low wages, long hours, and poor working conditions. The rapid urbanization that accompanied industrial growth led to overcrowded cities, where the working class struggled to afford basic necessities. Additionally, technological advancements often displaced skilled labor, exacerbating income disparities and creating a divide between those who benefited from industrial progress and those who did not. This shift in economic structure ultimately widened the gap between the affluent and the impoverished.



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How did industrialization contribute to growing inequality? - Answers

https://math.answers.com/math-and-arithmetic/How_did_industrialization_contribute_to_growing_inequality

Industrialization contributed to growing inequality by concentrating wealth and power in the hands of a small capitalist class, while many workers faced low wages, long hours, and poor working conditions. The rapid urbanization that accompanied industrial growth led to overcrowded cities, where the working class struggled to afford basic necessities. Additionally, technological advancements often displaced skilled labor, exacerbating income disparities and creating a divide between those who benefited from industrial progress and those who did not. This shift in economic structure ultimately widened the gap between the affluent and the impoverished.



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https://math.answers.com/math-and-arithmetic/How_did_industrialization_contribute_to_growing_inequality

How did industrialization contribute to growing inequality? - Answers

Industrialization contributed to growing inequality by concentrating wealth and power in the hands of a small capitalist class, while many workers faced low wages, long hours, and poor working conditions. The rapid urbanization that accompanied industrial growth led to overcrowded cities, where the working class struggled to afford basic necessities. Additionally, technological advancements often displaced skilled labor, exacerbating income disparities and creating a divide between those who benefited from industrial progress and those who did not. This shift in economic structure ultimately widened the gap between the affluent and the impoverished.

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      Industrialization contributed to growing inequality by concentrating wealth and power in the hands of a small capitalist class, while many workers faced low wages, long hours, and poor working conditions. The rapid urbanization that accompanied industrial growth led to overcrowded cities, where the working class struggled to afford basic necessities. Additionally, technological advancements often displaced skilled labor, exacerbating income disparities and creating a divide between those who benefited from industrial progress and those who did not. This shift in economic structure ultimately widened the gap between the affluent and the impoverished.
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