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2007-11-13 14:08:46 · 4 answers · asked by Anonymous in Social Science Economics

4 answers

see graph of world income and population over the last 2000 years. It makes the answer obvious.
http://www.visualizingeconomics.com/2007/11/11/two-thousand-years-of-growth-world-income-population/

2007-11-13 14:47:07 · answer #1 · answered by meg 7 · 0 0

Well, life was revolutionized by the advancement of machinery, which allowed goods to be manufactured in mass quantities, which brings the price down, so more people can buy. It also changed the way we live in terms of people left the farm and went to work in factories. Before, there were no factories to work in. So urbanization occurred - it led to many more, and much larger, cities, as people need to live near the factory in order to work in it. This was a major change - for the first time since humankind, we moved from agrarian (farming) lifestyle to urban lifestyle.

2016-05-23 02:02:44 · answer #2 · answered by ? 3 · 0 0

It moved the USA from farming to the assembly line now it moved again to the Service industry cause we love imports.

2007-11-13 14:16:01 · answer #3 · answered by johnboy 4 · 0 0

It increased revenue and incomes so people could buy more stuff. It also has made life easier in the sense that food is more plentiful, as well as medicine. so many things....

2007-11-13 16:00:10 · answer #4 · answered by Adam s 2 · 0 0

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