Impact of industrial revolution in england
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1. structural change in the economy as the contribution of the agrarian sector to the economy reduced and that of the industrial and commercial sector increased.
2. use of new source of power.
3. shift to manufacturing on a large scale or factory.
4. new type of investment
2. use of new source of power.
3. shift to manufacturing on a large scale or factory.
4. new type of investment
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Industrial Revolution in England
India's de urbanisation can be primarily attributed to Industrial Revolution in Britain. Owing to industrialisation, British textile productivity improved qualitatively as well as quantitatively. Factory goods caused decline in world textile prices, making production in India increasingly uneconomic. Britain first took over India's export market and eventually took over much of its domestic market as well.
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