QUESTION IMAGE
Question
- what economic system, characterized by private ownership and the pursuit of profit, emerged during the 19th century?
a. socialism
b. global capitalism
c. mercantilism
d. feudalism
- what resource became essential for the british textile industry during the industrial revolution?
a. rubber
b. silk
c. tea
d. cotton
Brief Explanations
- For the first question: Socialism focuses on collective ownership, mercantilism was dominant before the 19th century centered on trade surpluses, feudalism was a medieval system with land-based hierarchy. Global capitalism, marked by private ownership and profit pursuit, emerged and expanded in the 19th century alongside industrialization.
- For the second question: Rubber was used for other industrial goods, silk was a luxury textile not the core of the British Industrial Revolution textile sector, tea was a traded consumer good. Cotton was the primary raw material for mechanized spinning and weaving mills that defined the British textile industry during the Industrial Revolution.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
- b. Global capitalism
- d. Cotton