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Question
When was the new ideology socialism born in Europe?
Answer in Brief
Solution
- While the peasants were pauperized and the working class suffered, the middle class became wealthy by investing capital in trade and industry.
- The governments of the day were influenced by them.
- All legislations safeguarded their interests.
- Laborers were not permitted to form trade unions.
- It was under these circumstances that Socialism as a new ideology was born in Europe.
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Effects of Industrial Revolution in England
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