Write two sentences each on the following aspects in the context of industrial revolution: 1.technology 2.finacing and money 3.agriculture revolution 4.transport systems
Answers
Industrial revolution has brought drastic changes in the face of world.
- Technology: Industrial revolution has helped the mankind with the introduction of innovative and efficient technologies. From power sources like engines, fuels to treat the mines, textile industry or household tools, machines etc. are the developments in the context of technology due to industrial revolution.
- Transport system: invention of engines, fuels etc. revolutionized the transportation system. Rails, waterways and roads were the main transportation means to transport good across the land. Steam engines helped in water transportation, roads were built during the era as well.
- Agriculture: industrial revolution helped in introducing improved techniques and ways of agriculture which increased the productivity. Livestock utilization in a better way, less labor intensive, maximum output and new laws and rules formation to support farmers were the few examples how industrial revolution affect the agriculture.
- Financing and money: Revolution from barter system to commodity exchange, from paper money to banking system are few of the examples to name the impacts of industrial revolution on finances and money.
Answer:
The industrial revolution was the period in history timeline that brought drastic changes to the world. It brought the world to a new modernized era. It was said to be happened between 1760 to 1840.
When considering about finance and money during the industrial revolution, it had increased the paper money usage and banking system across the world.
Industrial revolution increased the application of technology like engines in vehicles, motors in mines, household machines and more.
It brought various revolution in the field of agriculture. Improved techniques over farming, introduces new tools and machinery, increased land usability and improved gross domestic product of a country
Explanation: