Question

write two sentences each on the following aspects in the context of industrial revolution :

a) technology
b) agriculture revolution
c) financing and money
d) transport systems

Answer 1

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.  

Answer 2

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$\bold{\boxed{Technology:}}$

• Technology helped in inventing steam engine, spinning machine, rolling mill etc..

• They helped in increasing the production of goods with improved quality.

$\bold{\boxed{Financing\:and\: Money:}}$

• Mere availablity of wealth is of no use unless it is invested in the right way.

• The part played by the bank of England in speeding of the use of capital is in no way to be underestimated.

• This rise of london money market, joint stock banks and joint stock corporation made the finance simple and easy.

$\bold{\boxed{Agriculture\: revolution:}}$

• In the place of unprofitable, old methods of agriculture, new methods were adopted like crop rotation, mechanised cultivation etc..

• This increased agriculture production helping availablity of raw materials for industries.

• Eg:- Cotton helped textile industries a lot.

$\bold{\boxed{Transport\: systems:}}$

• Cannals were built to transport coal to cities.

• Thousands of kilometres of canals were built by 1830 and were used to transport commodities cheaply.

• Railways emerged as a new means of transportation that was available throughout the year, both cheap and fast to carry passengers and goods.

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