what is industrial revolution when and how why
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The Industrial Revolution was the transition to new manufacturing processes in Europe and the United States, in the period from between 1760 to 1820 and 1840. The development of trade and the rise of business were among the major causes of the Industrial Revolution.
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Industrial revolution is the great and radical transformation in industry which fundamentally altered all the methods, techniques and organization of production and distribution.
It started at the middle of 18th century. Some causes of Industrial revolution are-
- Surplus Capital - Due to the economic wealth and increased overseas trade had brought wealth in England and the wealth was use in developing and setting up new industries.
- Stable Government- Political stability in England provided condition that were favourable for economic.
- Availability of Cheap Labour- There were many people who migrated from village to towns and cities in search of jobs and they were ready to work in factories at low wages.
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