WORLD HISTORY

Detailed explanation-1: -The Industrial Revolution had many positive effects. Among those was an increase in wealth, the production of goods, and the standard of living. People had access to healthier diets, better housing, and cheaper goods. In addition, education increased during the Industrial Revolution.

Detailed explanation-2: -The Industrial Revolution shifted from an agrarian economy to a manufacturing economy where products were no longer made solely by hand but by machines. This led to increased production and efficiency, lower prices, more goods, improved wages, and migration from rural areas to urban areas.

Detailed explanation-3: -Those who benefited most from the Industrial Revolution were the entrepreneurs who set it in motion. The Industrial Revolution created this new middle class, or bourgeoisie, whose members came from a variety of backgrounds. Some were merchants who invested their growing profits in factories.

Detailed explanation-4: -Answer and Explanation: Yes, the economic benefits of industrialization outweigh the economic costs. When an economy undergoes industrialization, the economies of scale are improved and there is large scale production of goods and services. Also, all these goods and services are available at cheaper rates.

Detailed explanation-5: -Despite all these ills, the Industrial Revolution had positive effects, such as creating economic growth and making goods more available. It also helped lead to the rise of a prosperous middle class that grabbed some of the economic power once held by aristocrats, and led to the rise of specialized jobs in industry.