subject
History, 06.09.2020 20:01 niellerodriguez1802

What does the following quote by historian Robert Allen regarding the importance of high wages and cheap energy, mean? "Wages were high and energy was cheap. These prices led directly to the Industrial Revolution by giving firms strong incentives to invent technologies that substituted capital and coal for labor." a.

High wages and cheap energy created cheaper ways to produce items (rather than hand making), so, manufacturers pursued new ways to use machines to improve productions.

b.

High wages and cheap energy did not allow for a cheaper way to make a product; thus, manufacturers relied on government supplements to fund invention.

ansver
Answers: 3

Another question on History

question
History, 22.06.2019 01:30
Which french colony used the french revolution as inspiration to gain its own independence? a. brazil b. nicaragua c. haiti d. honduras e. ecuador
Answers: 2
question
History, 22.06.2019 04:00
Concerns about the environment prompt congress to pass a $1 surcharge tax on each gallon of gasoline. which statement best describes the impact of such a tax
Answers: 2
question
History, 22.06.2019 06:00
Which of the following was the largest group of people living in the region of transylvania? a. german b.slavic groups c.romanians d.italians
Answers: 1
question
History, 22.06.2019 07:00
What was the “u-2 incident” and how did it affect u.s./soviet relations in 1960?
Answers: 1
You know the right answer?
What does the following quote by historian Robert Allen regarding the importance of high wages and c...
Questions
question
Mathematics, 17.09.2020 14:01
question
Mathematics, 17.09.2020 14:01
question
Mathematics, 17.09.2020 14:01
question
Mathematics, 17.09.2020 14:01
question
Mathematics, 17.09.2020 14:01
question
Mathematics, 17.09.2020 14:01
question
Mathematics, 17.09.2020 14:01
question
Mathematics, 17.09.2020 14:01
question
Mathematics, 17.09.2020 14:01
question
Mathematics, 17.09.2020 14:01
question
Social Studies, 17.09.2020 14:01
question
Mathematics, 17.09.2020 14:01
question
Mathematics, 17.09.2020 14:01
question
Mathematics, 17.09.2020 14:01
question
Mathematics, 17.09.2020 14:01
question
Mathematics, 17.09.2020 14:01
question
Mathematics, 17.09.2020 14:01
question
Physics, 17.09.2020 14:01
question
Physics, 17.09.2020 14:01
question
Mathematics, 17.09.2020 14:01
Questions on the website: 13722367