The Industrial Revolution Essay - 635 Words

The Industrial Revolution Industrial Revolution, the shift, at different times in different countries, from a traditional agriculturally based economy to one based on the mechanized production of manufactured goods in large-scale enterprises. The British Experience: The first Industrial Revolution occurred in Great Britain at the end of the 18th century; it profoundly altered Britains economy and society. The most immediate changes were in the nature of production: what was produced, as well as where and how. Labor was transferred from the production of primary products to the production of manufactured goods and services. Far more manufactured goods were produced than ever before, and technical efficiency rose dramatically. In part,†¦show more content†¦New social and vocational classes emerged that were distinguished from workers by virtue of their ownership or control of the physical means of production. The members of these new classes came to be known as capitalists. Because the first Industrial Revolution occurred in Great Britain, that country became for a time the workshop of the world. For much of the 18th century, London had been at the center of a complex world trade network that became the basis for the growing export trade associated with industrialization. The export market provided an indispensable outlet for the products of the textile and other industries, where the introduction of new techniques led to a rapid expansion of output. The available data suggest that the growth rate of British exports accelerated remarkably after 1780. The export orientation of the expanding trades conferred additional benefits on the growing economy: Export revenues provided British producers purchasing power to import raw materials used in industrial production, and merchants engaged in the export trade acquired skills that proved to be of great value in promoting domestic commerce. The Spread of Industrialized Britain did not long remain the only count ry to experience an Industrial Revolution. Attempts to specify dates for the Industrial Revolution in other countries are controversial and not particularly rewarding. Nonetheless, scholars generally agree that the Industrial Revolution occurredShow MoreRelatedIndustrial Of The Industrial Revolution1666 Words   |  7 PagesMartinez English IV, 1st hour 4/29/16 The Industrial Revolution The Industrial Revolution set people away from farms and small villages and moved them to cities and towns because of the job opportunities that arose in the cities. The Industrial Revolution not only helped people move along in the late 1700s and early 1800s but also it has made the people what they are today. 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