Industrial Revolution 1.0
Industrial Revolution 1.0
Industrial Revolution for now additionally called the primary age and this is the age to new producing process and methods in the European continent and America, within the amount from 1760 to someday between 1820 and 1840. Advancement of Machine tools and therefore the rise of mechanized manufacturing systems. The changing states to machines from hand manufacturing method, with advancements of machines power. After initiating from Great Britain, it became the global force to lead others in industries, controlling the colonies in different parts of the world like North America and India via East India Company. Trade supported the industrial revolution to occur. The industrial revolution affected each individual’s life in one way or another. The potential of each market grew many folds and hence the per capita income and growth of living standards which are on hold for very long started to prosper. It directly impacted the GDP positively which register a rise. The unprecedented growth has led to rising in hope for many capitalists as it proves their time of growth. The structural reforms in the agricultural sector are also because of the industrial revolution. This Revolution considered humanitarian as it gives rise to the domestication of plants and animals. Through the use of Steam power and wide use of machines for production at a larger base, it increased the production much time and textile sector was among the highly influenced whether in term of employment or amount invested. It is clear that innovation has just started and will lead to many changes in the industrial sector. The workforce prior to the industrial revolution was either in the agriculture sector and most of them were laborers or many families find it much easier to weave cloth. Industrial Revolution 1.0 laid the foundation for other revolutions to build upon and progress will not stop.
Article by: Aakash Tyagi
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