Statement I: The industrial revolution made possible sustained economic growth and rising living standards for the first time in history.
Statement II: The industrial revolution began at the end of the 19^th century.

A) Statement I is true and statement II is false.
B) Statement II is true and statement I is false.
C) Both statements are true.
D) Both statements are false.

Industrial Revolution

A period of major industrialization that took place during the late 1700s and early 1800s, heralding significant changes in technology, economy, and society.

Economic Growth

The rise in the real market value of goods and services generated by an economy over a period.

Living Standards

The degree of wealth, comfort, material goods, and necessities available to a certain socioeconomic class or geographic area.