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Question
With reference to the rise of Capitalism, answer the following question:
What was the cause of the rise of Capitalism?
Solution
These are the causes for the rise of Capitalism :
- Increase in Population: The Industrial Revolution increased the national wealth, raised the standard of living, made life more comfortable. All this helped in checking the various diseases.
- Legal Requirement: There was the new enclosure law which required farmers to put fences or hedges around their fields to prevent common grazing on the land.
- Growth of Towns: New manufacturing towns and cities grew dramatically. Many of these cities were located close to the coalfields that supplied fuel to the factories. Factories had to be close to sources of power because power could not be distributed very far.
- Mass Production: Mass production destroyed the domestic system of production.
- Disappearance of Small Farmers: The small farmers who cultivated land and manufactured goods in their spare time, in their homes shifted to new industrial towns. They were forced to seek employment in factories because they were replaced by big landlords.
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