During the Industrial Revolution the expansion of free enterprise economic principles resulted in what?

During the Industrial Revolution, the expansion of free enterprise economic principles led to significant economic growth and innovation, as individuals were encouraged to start businesses and invest in new technologies. This period saw the rise of factories and mass production, which increased efficiency and lowered costs of goods. However, it also resulted in stark social inequalities, poor working conditions, and environmental degradation as industries prioritized profit over labor rights and sustainability. Overall, the era marked a profound transformation in both the economy and society.