How did Industrial Growth affect the distribution of wealth?
I have this question on a study guide for one of my classes and I dont know how to answer this brawd of a question.
- Anonymous1 decade agoFavorite Answer
No offense, but it's spelled 'broad'.
Basically, it made it unbalanced.
- Angry DaisyLv 41 decade ago
It created greater wealth stratification: with almost all major wealth concentrated in a small percentage of the population (around 10% own about 90% of all wealth) with a small middle class, and a large population of workers who are lower middle to lower class.Source(s): www.umsl.edu/~rkeel/010/econstra.html
- DaneLv 61 decade ago
Those with the means of capital thrived during the period of industrial growth and those without the means of capital remained rather stagnant. This distribution of wealth was very unequal.
But that is capitalism.