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Question : The Industrial Revolution in England represented the climax of the transition from

Option 1: slavery to feudalism

Option 2: feudalism to capitalism

Option 3: capitalism to socialism

Option 4: socialism to market socialism


Team Careers360 12th Jan, 2024
Answer (1)
Team Careers360 22nd Jan, 2024

Correct Answer: feudalism to capitalism


Solution : The correct option is feudalism to capitalism .

According to Karl Marx, capitalism in Europe preceded feudalism, with the Industrial Revolution serving as the pinnacle of the transition from feudalism to capitalism. Marx viewed the Industrial Revolution as a transformative period marked by changes in the mode of production and resulting shifts in class relations. This transition was characterized by the emergence of capitalist economic structures, including market economies, wage labour, and private ownership of the means of production.

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