Question

What is industrial revolution?

Answer 1

The Industrial Revolution was a shift from an agrarian economy to a manufacturing economy where products were no longer made solely by hand but by machines. This led to increased production and efficiency, lower prices, more goods, improved wages, and migration from rural areas to urban areas.

• The Industrial Revolution increased the overall amount of wealth and distributed it more widely than had been the case in earlier centuries, helping to enlarge the middle class.
• The Industrial Revolution transformed economies that had been based on agriculture and handicrafts into economies based on large-scale industry, mechanized manufacturing, and the factory system