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Economic effects of the industrial revolution
Economic effects of the industrial revolution
The impact of industrial revolution
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Urbanization occurred as cities industrialized, therefore drawing unemployed farmers and country workers there to make a living. One notable city that industrialization had a massive toll on was Manchester, which soon became a renowned city that produced cotton
Factory workers started to produce more consumer goods and transport them because they became in high demand. Another way the new transportation effected the economy is it made it easier for people to travel from one place to another. This is how people started moving towards the East coast to the West coast. Many of these people were immigrants from Germany and Ireland which started to lead to tension and violence between one another. (pg. 264)
In the period 400-14450 Afro-Eurasia was home to the rise and fall of numerous empires. These interactions between people of different empires helped to encourage urban development. The process of decline and reconstruction in empires led to change in urban development by creating learning and religious centers and also by creating centers of trade within reconstructed empires, the trading centers most affected urban development. Between 400-1450 CE the process of decline and reconstruction of empires led to changes in urban development by creating religious and learning centers within empires.
Everythings was being done faster which, resulted in more products being made, there was more money, and it meet people's demands. Factories started becoming more popular during the Industrial Revolution. The factories caused goods to be produced faster, gave people jobs, and organized production. There were a lot of new technologies. Some of them are the steam engine, the spinning jenny, and the flying shuttle.
Additionally, these factories would then need people who were willing to work. At the time, this wasn't a problem. Many farmers who had just lost their land moved into the cities looking for work. Poor people also wanted a job; then, they could use the money to provide for themselves. In no time, Britain was brimming with large numbers of workers.
Urbanization: Industrialization drew people from rural areas to cities in search of employment opportunities, leading to rapid urbanization. Cities became crowded
During this period of industrialization, Canada began to shift from an agrarian country, to an urban one. The job opportunities, facilitated by the rapid industrialization, began to pull more people into cities. Accordingly, industrialization during this period also fueled rapid urban expansion. As much of this industrial grow was concentrated in the East, with the population of major centres like Toronto and Montreal growing at exponential rates during this period. These enhanced urban markets induced further economic development, as cities soon became home to large department stores, electricity, and leisure and recreation facilities.
In the 18th to 19th century in Europe, the agricultural revolution made farming more efficient which allowed more people to get fed with less labor, which led to a massive population growth. With a much bigger and healthier population and new technologies and resources to take part, new factories emerged ran by capitalists and entrepreneurs. This in turn called for new ways of organizing human labor to maximize the benefits and profits from the new machines. Thus, the Industrial Revolution began and this idea slowly spread throughout Europe and eventually to the United States.
To start with, there was an abundant measure of provisions like coal, iron, and crude materials, for example, fleece and cotton. Second, as populace expanded, there was higher interest for supply, and urban areas developed. Furthermore, banks were growing and boosted people to take dangerous investment chances. Technological changes, transportation improvement, and communication advancement also occurred, helping the start of the Industrial Revolution. Improved methods of transportation also influenced global trade, spreading the use of new
The Industrial Revolution was the urbanization of rural areas, and the development of factories and machines. These transformations allowed economic prosperity and brought along tremendous plusses, and were still seeing the success in these up-comings today. “…Industrial Revolution spread to the
New building technologies helped cities grow also the expansion of railways meant manufactures could ship goods cheaply. Raw materials shipped to factories
The Gilded Age consisted of a time of tremendous change in social and economic growth for the United States of America. Americans witnessed a rapid growth in industrialization, urbanization, transcontinental railroad construction, science and technology, and large business corporations. Being that it was the rise of corporate America, many problems arose as well. Thus leading to the Progressive Age, which was an attempt to solve the issues the Gilded Age left behind.
The industrial nation required more unskilled laborers and people which allowed for all the immigrants from northern Europe and their children helped to provide the labor needed. Most of the working people had special attributes that would put them in a higher position than the rest and leave them to receive more pay. An example of this is “A craftsman who was unhappy with his or her employer could leave that job behind knowing that it was an easy matter to find another. Skilled workers were always in demand. All of this changed with the coming of machine production.
Factories helped produce more goods, in less amounts of time. However, it led to the development of numerous enviromental hazards. The use of factories and mass production casued a depletion of certain resources such as coal and iron. It increased air polution, water pollution, population growth, and disrupted rural villages with the construction of railroads.
The Industrial Revolution began in England for many reasons. In 1700s,Britain 's economy was mainly an agricultural economy. Wealthy landowners bought up all the land and enclosed their land with fences allowing them to cultivate larger fields called enclosures. This caused the enclosure movement, which put most small farmers out of work causing them to move to cities. This movement to cities is known as urbanization, which gave Britain a large population of workers.