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Which of the following statement/s is/are incorrect?(i) Industrial Revolution accelerated the process of Imperialism.(ii)The policy of 'Laissez Faire'
Question

Which of the following statement/s is/are incorrect?

(i) Industrial Revolution accelerated the process of Imperialism.

(ii)The policy of 'Laissez Faire' ended economic autonomy.

(iii) The European class structure was transformed Revolution. by Industrial

Options:

A.

i and iii

B.

ii and iii

C.

only iii

D.

only ii

Correct option is D

Information Booster:

  • (i) Industrial Revolution accelerated the process of Imperialism-  Correct - The Industrial Revolution created a surplus of goods and a need for raw materials, leading to aggressive expansion into colonies.It intensified imperialism as industrial powers sought markets, resources, and strategic control.

  • (ii) The policy of 'Laissez Faire' ended economic autonomy - Incorrect - Laissez Faire is an economic philosophy advocating minimal government interference in the economy.It supports economic autonomy, not ends it.Under Laissez Faire, private enterprise and individual decision-making were encouraged.

  • (iii) The European class structure was transformed by Industrial Revolution -  Correct - The Industrial Revolution led to the rise of the bourgeoisie (middle class) and urban working class, weakening feudal structures.It significantly altered the traditional class hierarchy.

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