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
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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