This era was called the industrial revolution. It was a time of expansion and it was a society fueled by greed. The industrial revolution consisted of wealthy corporations exploiting people of all ages and gender. As there was very little government intervention during this time, businesses went unchecked in their practices resulting in overworked and underpaid employees. The impact of social and economic classes were extremely evident. The poor and underprivileged suffered under the rule of the wealthy and prosperous. The source states that greater opportunity for all will help stabilize a society, which is clear that this is not what happened in the industrial revolution. If there was not such an enormous divide amongst the economic classes of the people there would not have been these atrocities that occurred. Adam Smith, a Scottish philosopher, believed in the ideology of laissez faire economics. Laissez faire economics is described as a way of the economy to be completely free from the government. The industrial revolution is an example of laissez faire capitalism at work, and it is also and example of how it failed the underprivileged horribly. In order to improve the stability of the society during the industrial revolution, the government should have stepped in and provided the people with greater opportunities and the ability to be equal with each other. The 18th and 19th century government being uninvolved with the economy increased the inequality of the classes and the people within them creating an exceedingly unstable
This era was called the industrial revolution. It was a time of expansion and it was a society fueled by greed. The industrial revolution consisted of wealthy corporations exploiting people of all ages and gender. As there was very little government intervention during this time, businesses went unchecked in their practices resulting in overworked and underpaid employees. The impact of social and economic classes were extremely evident. The poor and underprivileged suffered under the rule of the wealthy and prosperous. The source states that greater opportunity for all will help stabilize a society, which is clear that this is not what happened in the industrial revolution. If there was not such an enormous divide amongst the economic classes of the people there would not have been these atrocities that occurred. Adam Smith, a Scottish philosopher, believed in the ideology of laissez faire economics. Laissez faire economics is described as a way of the economy to be completely free from the government. The industrial revolution is an example of laissez faire capitalism at work, and it is also and example of how it failed the underprivileged horribly. In order to improve the stability of the society during the industrial revolution, the government should have stepped in and provided the people with greater opportunities and the ability to be equal with each other. The 18th and 19th century government being uninvolved with the economy increased the inequality of the classes and the people within them creating an exceedingly unstable