Discussion Forum 12- Topic

Tom

Tom

by Phuc Truong (Tom) Nguyen -
Number of replies: 0

The Industrial Revolution, beginning in Britain around 1780, transformed the economy by shifting from agrarian production to industrial manufacturing. This led to urbanization, technological advancements, and increased production. The textile industry, for example, saw mechanized looms and spinning machines boosting output. Economic changes included a wider distribution of wealth and increased international trade. Britain's success in international trade created a high-wage, cheap-energy economy, incentivizing labor-saving technologies. 


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