WORLD HISTORY

Detailed explanation-1: -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-2: -During the Industrial Revolution, family-based cottage-industries were displaced by the factory system, a method of manufacturing using machinery and the division of labor. The factory system was first adopted in Great Britain at the beginning of the Industrial Revolution in the late 1700’s.

Detailed explanation-3: -Machines greatly increased production. This meant that products were cheaper to make and also cheaper to buy. Many factory owners became rich. Although the machines made work easier in some ways, factory work created many problems for the laborers.

Detailed explanation-4: -The development of trade and the rise of business were among the major causes of the Industrial Revolution.