Write a paragraph in which you respond to the following: how did industrialization impact the nineteenth-century world economy?

Thanks to industrialization, the economy of the Nineteenth century:

Industrialization allowed for goods and services to be produced at a higher quantity and at a faster rate. This higher production meant that economies could produce more than they could before thereby leading to economic growth.

The innovations that came with industrialization also meant that the economy became diversified because people were able to go into different fields such as electricity and oil refinery.

In conclusion, industrialization allowed for the economy to grow and be diversified.

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