Question

How did the evil effects of the Industrial Revolution help in the rise of Socialism?

Answer 1

During the Industrial Revolution, wealth and power were concentrated in the hands of a few capitalists, while the working class faced exploitation, poor working conditions, and low wages. The policy of Laissez-faire allowed capitalists to operate without government control, worsening the plight of workers. In response to these injustices, socialism emerged as an ideology that aimed to create a more equal society and protect workers’ rights by advocating for collective ownership and fair distribution of wealth.