Historian: Traditional accounts of the Industrial Revolution often attribute its onset primarily to sudden technological innovations. However, this perspective overlooks the prerequisite of widespread capital accumulation. Before large-scale machinery could be deployed, merchants needed substantial surplus wealth to invest in these risky ventures. Thus, sustained periods of mercantile profitability were essential for industrialization. Consequently, we must view the Industrial Revolution not merely as an era of invention, but as the culmination of centuries of gradual economic expansion.
The claim that sustained periods of mercantile profitability were essential for industrialization plays which one of the following roles in the historian's argument?
- It is an intermediate conclusion that serves to support the argument's primary conclusion.Cevap
- BIt is the primary conclusion of the historian's argument.
- CIt is a basic premise introduced to demonstrate that merchants required significant surplus wealth to fund risky ventures.
- DIt is contextual background information intended to clarify why traditional historical accounts emphasize sudden technological innovations.
- EIt is an unstated necessary assumption required to connect technological innovation with gradual economic expansion.