During the Industrial Age, factory owners, entrepreneurs, and investors belonged to what social class?

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4 August, 00:22

During the Industrial Age, factory owners, entrepreneurs, and investors belonged to what social class?

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Abbott · Answer 1

The Middle-Class, which was newly formed during the Industrial Age, consisted of factory owners, entrepreneurs, and investors. Eventually this new system of classes, Upper/Middle/Lower classes, replaced the out-dated Noble-and-Peasant system because more of the population was gaining wealth.