Approaches to the study of industrial capitalism

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To study the history of industrial capitalism in Modern Europe, various approaches have emerged, each emphasizing different aspects and consequences of the economic transformation from the late 18th century to the early 20th century.

1. Classical Liberal Approach: This perspective, rooted in the ideas of Adam Smith, David Ricardo, and John Stuart Mill, views industrial capitalism as a positive force driving economic growth, innovation, and social progress. Proponents argue that free-market mechanisms, such ____________ _____ ____________ _________ _____ __________ ____________.
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Degree : BACHELOR DEGREE PROGRAMMES
Course Name : Bachelor of Arts (Honours)
Course Code : BA
Subject Name : History of Modern Europe -I (c.1780 -1939)
Subject Code : BHIC 111
Year : 2024 2025