Dec6-Jan14 7thSSMidterm (Revised) Green, Deon 11 of 25 During the Industrial Revolution, capitalism was born. How did capitalism change the way people lived and worked? O In the capitalist system, all...

Extracted text: Dec6-Jan14 7thSSMidterm (Revised) Green, Deon 11 of 25 During the Industrial Revolution, capitalism was born. How did capitalism change the way people lived and worked? O In the capitalist system, all economic activity was focused in the state capitals and was run by the government. O Capitalism led to equality among social groups as workers shared equally in the profits and success of the factory. O Workers in factories received subsidized payment in cattle, flour, and other goods they needed to live, not a wage. O Under capitalism, people left their farms, moved to cities, worked in a factory, and received a daily wage to buy goods.