Rise of Industrial Capitalism

Definition

The rise of industrial capitalism refers to the period in history when industrialization and the capitalist economic system became dominant. It marked a shift from agrarian societies to ones driven by factories, machines, and mass production.

Related terms

Urbanization: The process of people moving from rural areas to cities in search of work and better opportunities.

Factory System: A method of manufacturing goods using machinery and division of labor within a centralized workplace.

Working Class: The social group made up of individuals who do manual labor for wages, often in factories during this time period.