how the industrial revolution brought a bloom in demand
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ise of the Machines: Pros and Cons of the Industrial Revolution
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The Rise of the Machines: Pros and Cons of the Industrial Revolution
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John P. Rafferty
John P. Rafferty writes about Earth processes and the environment. He serves currently as the editor of Earth and life sciences, covering climatology, geology, zoology, and other topics that relate to...
Young boys working in a thread spinning mill in Macon, Georgia, 1909. Boys are so small they have to climb onto the spinning frame to reach and fix broken threads and put back empty bobbins. Child labor. Industrial revolution
Library of Congress, Washington, D.C. (LC-DIG-nclc-01581)
The Industrial Revolution, the period in which agrarian and handicraft economies shifted rapidly to industrial and machine-manufacturing-dominated ones, began in the United Kingdom in the 18th century and later spread throughout many other parts of the world. This economic transformation changed not only how work was done and goods were produced, but it also altered how people related both to one another and to the planet at large. This wholesale change in societal organization continues today, and it has produced several effects that have rippled throughout Earth’s political, ecological, and cultural spheres. The following list describes some of the great benefits as well as some of the significant shortcomings associated with the Industrial Revolution.
Pro: Goods Became More Affordable and More Accessible
Factories and the machines that they housed began to produce items faster and cheaper than could be made by hand. As the supply of various items rose, their cost to the consumer declined (see supply and demand). Shoes, clothing, household goods, tools, and other items that enhance people’s quality of life became more common and less expensive. Foreign markets also were created for these goods, and the balance of trade shifted in favor of the producer—which brought increased wealth to the companies that produced these goods and added tax revenue to government coffers. However, it also contributed to the wealth inequality between goods-producing and goods-consuming countries.
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