Tag: the industrial revolution

Questions Related to the industrial revolution

When was the first effective factory law was passed for the textile factories? 

  1. 1933

  2. 1836

  3. 1842

  4. 1853


Correct Option: A
Explanation:

The Factory Act of 1833, passed after Sadler had left Parliament, restricted the working day in textile mills to 12 hours for persons aged 13 through 17, and 8 hours for those aged 9 through 12. Sadler's health was fatally impaired by his strenuous work with the committee.The Factory Act of 1833, passed after Sadler had left Parliament, restricted the working day in textile mills to 12 hours for persons aged 13 through 17, and 8 hours for those aged 9 through 12. Sadler's health was fatally impaired by his strenuous work with the committee. Hence, Option A is correct. Among the rest, none of the dates correspond to the bill being passed, hence, incorrect.

Which among the following countries with great coordination showed enthusiasm in trade and exploiting the Indian markets due to Industrial revolution?

  1. England

  2. France

  3. Japan

  4. Germany


Correct Option: A

Which statement is not applicable for capitalism?

  1. Economic system based on mass production

  2. Means of production are Government owned

  3. Economic system is based on mass distribution

  4. The capitalist aims at maximizing profits


Correct Option: B
Explanation:

An economic system which is based on private ownership of the means of production and their operation for profit is known as capitalism. The maximization of profit is the main motive of the producer. Profit guides the production in this type of economy. There is no interference of government in the economic activities of the economy. This means producers and consumers are free to take decisions.