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- The Industrial Revolution (1760-1840) is a time period of rapid industrial growth that began in Britain and quickly spread around the world.Scottish philosopher Adam Smith (1723-1790) liked the changes happening during industrialization. He said that people motivated by greed and the desire for profit actually benefit society. Unlike Adam Smith.German philosopher Karl Marx (1818-1883) lived during the later stages of the Industrial Revolution By then, cities had become overcrowded and unsanitary, and the working conditions in factories were terrible. They believed that cooperation between owners of capital (the factories and machines)and those who worked for them was not possible. 1. How might the desire to make money benefit society? 2. How might the fact that Marx lived one hundred years after Smith effect his beliefs? Explain.

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- The Industrial Revolution (1760-1840) is a time period of rapid industrial growth that began in
Britain and quickly spread around the world.Scottish philosopher Adam Smith (1723-1790) liked
the changes happening during industrialization. He said that people motivated by greed and the desire
for profit actually benefit society. Unlike Adam Smith.German philosopher Karl Marx (1818-1883) lived
during the later stages of the Industrial Revolution By then, cities had become overcrowded and
unsanitary, and the working conditions in factories were terrible. They believed that cooperation
between owners of capital (the factories and machines)and those who worked for them was not
possible.
1. How might the desire to make money benefit society?
2. How might the fact that Marx lived one hundred years after Smith effect his beliefs? Explain.

- The Industrial Revolution (1760-1840) is a time period of rapid industrial growth that began in Britain and quickly spread around the world.Scottish philosopher Adam Smith (1723-1790) liked the changes happening during industrialization. He said that people motivated by greed and the desire for profit actually benefit society. Unlike Adam Smith.German philosopher Karl Marx (1818-1883) lived during the later stages of the Industrial Revolution By then, cities had become overcrowded and unsanitary, and the working conditions in factories were terrible. They believed that cooperation between owners of capital (the factories and machines)and those who worked for them was not possible. 1. How might the desire to make money benefit society? 2. How might the fact that Marx lived one hundred years after Smith effect his beliefs? Explain.

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LydiaProfessional · Tutor for 6 years

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1. The desire to make money can benefit society by driving innovation, entrepreneurship, and investment in productive activities. When individuals seek profit, they often create goods and services that meet societal needs, leading to economic growth, job creation, and improved living standards. Additionally, competition among businesses striving for profit can result in lower prices and higher quality products, benefiting consumers.2. Marx's perspective was influenced by the social and economic conditions he observed during his time, which were different from those experienced by Smith. Marx witnessed the negative consequences of industrialization, such as harsh working conditions, inequality, and exploitation of labor. These experiences shaped his belief that cooperation between capitalists and workers was not possible and that fundamental changes in the economic system were necessary to address social injustices. Thus, the temporal gap between Smith and Marx allowed for different perspectives on industrialization and capitalism to emerge, reflecting the evolving societal context.
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