. Explain the significance of the Industrial Revolution

Explanation:

The Industrial Revolution transformed economies that had been based on agriculture and handicrafts into economies based on large-scale industry, mechanized manufacturing, and the factory system. New machines, new power sources, and new ways of organizing work made existing industries more productive and efficient.

“the iliad” (gr: “iliás”) is an epic poem by the ancient greek poet homer, which recounts some of the significant events of the final weeks of the trojan war and the greek siege of the city of troy (which was also known as ilion, ilios or ilium in ancient times).

answer: capitalism and socialism are formal economies. the major differences between capitalism and socialism revolve around the role of the government and equality of economics. capitalism affords economic freedom, consumer choice, and economic growth.

read more on -

explanation: