There were long struggles that people went through in the development of factories, but in the end it was all worth it. People were benefited in many ways because of the changes that were made, it helped to create new social classes. The new factories had created new and large amounts of wealth, this wealth belonged mainly to the factory owners, and merchants. This had created a brand new middle class made up of skilled workers, business people, and wealthy farmers. Land owners used to be the richest people but now the middle class people were starting to grow richer then the land owners.
Many technological advances and new ideas were brought by the Industrial Revolution. The industrial revolution was a time of great imagination and progress. Inventions improved the quality of life for most people. The inventions that allowed new products to be manufactured created a demand that caused a vicious cycle that propelled some people to prosperity, while at the same time held people down in poverty: but if this revolution did not occur, humanity wouldn’t know half the knowledge it knows
The government is also a very important parts for the whole Industrial Revolution for Britain. The government helped Britain in many aspects during the Industrial Revolution. The stable government make the factory owners, traders and inventors have a more stable condition for not being copy by someone else, under the government’s protection. The traders might not worried about being replaced by others and so they kept trading with Britain. With traders kept trading in Britain, it cause Britain’s economy to grow, as economy grow Britain itself became stronger.
The Industrial Revolution sparked the way how Americans’ lives changed thanks to advance and new modern technologies that were invented. The value of goods
From the Agricultural Revolution came many new ideas and discoveries that helped the industrial process. The government is stable, wealthy and supports business growth. The situation in Great Britain was perfect for the Industrial
66. Industrial revolution led to the influence world trade overall The industrial revolution created new markets, it increased production and the importation of raw meets became more frequent. New technology such as railroads and the steam engine sped the time up for many things. This made trade increase all around the world. 67.
The Industrial Revolution can be considered a turning point in Global history because of the tremendous impacts it had on production of goods, transportation, population and economics in society. The economy was booming because of the more efficient production goods that were traded. Transportation was faster which also increased trade and boomed the economy. Population was significantly growing, maybe too fast. This is why the Industrial Revolution can be considered a turning point in global
Factors That Led To The Early Industrial Revolution In the United States The Industrial revolution of the United States helped to shape the society that we live in today. The early development of manufacturing in this country was due to technological innovation and new opportunities for Americans and immigrants. The Industrial Revolution was a result of social, political, economical and technological changes. The social changes that led to the Industrial Revolution were, mass production, job opportunities and education. I will introduce and examine these more in the following paragraph.
People took heed to the fact that industrialized countries were thriving much greater than their rural countries, so it was very common to see a society migrate to these areas in hopes of an easier lifestyle. In the textbook on page 803 it states, “As data from 1700 to around 1914 reveal, the industrialized nations experienced a significant population explosion. Advances in industrial production, expansion of factories, and improved agriculture during the first Industrial Revolution combined to produce increasing opportunities for jobs as well as more plentiful and nutritious food in order to sustain a larger population”. This textual evidence backs the claim of the primary reason there was so much of a population surge during this time. However, this reason alone was not enough to supplement the drastic changes in demographics.
Entrepreneurs should be free to operate their businesses in the way that will bring them the most profits. 2. What is good for the entrepreneur is good for everyone, since profits mean more jobs and more goods. The individual’s profits contribute to the nation’s profit and, therefore, to a healthy economy. 3.