fatemaalhumaidi
fatemaalhumaidi fatemaalhumaidi
  • 12-12-2017
  • History
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How did entrepreneurs contribute to the Market Revolution of the 19th century?
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meerkat18
meerkat18 meerkat18
  • 21-12-2017
The entrepreneurs contributed to the market revolution by investing their money into new industries. These entrepreneurs or merchant capitalists didn't have experience but had an access to the capital that was needed to operate on a large scale. They knew how to organize production and distribute goods. These entrepreneurs didn't put up factories but they broke the production process into subparts and then hired semi-skilled laborers in small shops to produce individual components of the product. 
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