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Why was the idea of rags to riches a result of industrialization?
Wiki User
∙ 12y ago
When rags to riches came out, it encouraged and empowered those that they too could become prosperous. It led them to believe that anyone on the streets could become lavishly rich, like Andrew Carnegie. Since all these people went out to create businesses and start their own industries, it created new job opportunities, new innovations, and new business tactics such as vertical and horizontal integration. Peace out.
Wiki User
∙ 12y ago
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