Question

mention any two evil effwct of industrial revolution.

Answer 1

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Two Effects Of Industrial Revolution :-

☆ THE FACTORY SYSTEM :-

The factory system was a child of the Industrial Revolution and developed and advanced during its course in the 18th and 19th century. It replaced the cottage industry which was more autonomous with individual workers using hand tools and simple machinery to fabricate goods in their own homes. The invention of the water powered frame by Richard Arkwright in the 1760s led to the formation of the first factories along the rivers in Britain. In 1771, Arkwright built his first factory at Cromford. He built many small cottages close to it to employ labour from far and across, preferring weavers with large families so that women and, especially their children, could work in the factory. By 1779, he had over 800 people with timed jobs, shifts and factory rules. The factory system generated a fortune for its few owners and his template caught like wild fire. Improvements in the steam engine and power loomfurther incentivised cheaper energy and better machines; and this positive loop fed the Industrial Revolution.


☆ THE RISE OF CAPITALISM :-


Capitalism refers to an economic system based upon private ownership of the means of production and their operation for profit. With political control over the colonies and rise in technological innovations, Capitalism was on a rise in Britain. Factory owners and others who controlled the means of production rapidly became very rich and hadmore money to invest in technology and more industry. In those times only the wealthy could vote in Britain with about 3 percent allowed to vote. Industrial capitalists gradually replaced agrarian land owners as leaders of the nation’s economy and power structure. With economic and political power they were in many ways the new rulers of the nation. Great Britain, in which the Industrial Revolution originated, was followed by other nations including Belgium, France, Germany and the United States. Soon the capitalists became the leaders in numerous countries across the world.


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