How Did The Industrial Revolution Affect The Economy

The industrial revolution was a change from the use of hands to the over time machines. The industrial revolution is a term that originated from Britain that was later chopped by Americans and implemented in the Americas. The industrial revolution commenced in the Northeast, by Samuel Slater. The industrial revolution is always symbolized by factories and industries. In the Northeast, Rhode Island became the first textile industry. Economically, the industrial revolution was a huge success for the Americas’ economy. Even Though there were some stances where there were doubts raised in the minds about the economy, but it was a major success due to the influential factors behind the growth of the economy. The 19th century transformation of the

Immigration was caused due to the plentiful of the job opportunities provided to them by the factories. The more the amount of jobs, the more movement of people for jobs. Most of the immigrants had come from Europe and Asia looking for job opportunities due to unemployment in their countries. During the times of the revolution, there was construction of railroads which was given to the Chinese to build. Their new ideas of economy had also been part of the grown of America’s economy. One of the examples is seen when the construction of the railroads was going on, the Chinese were invited to work on the railroads since they had prior knowledge on building them. Behind every successful event, there are many brains behind it. The same case with the transformation of America’s economy. There were many ideas and plans stated by the immigrants to spur the economy growth. Although the immigration factor had heavily led to the increase in population of America, but in return it had helped them raise their economy. In addition, some of the immigrants were also part of the new business organisations that will also help in increasing the