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THE INDUSTRIAL REVOLUTION - Coggle Diagram
THE INDUSTRIAL REVOLUTION
The Industrial Revolution, which began in the 18th century,
marked a profound transformation in the economic,
technological, and social aspects of society.
Here's a brief overview of its key elements:
Economic Change:
The development of factories and mass production techniques significantly increased economic output,
stimulating economic growth.
It facilitated the growth of capitalism and the emergence of a market-driven economy, with the pursuit of profit as a central motive.
with the pursuit of profit as a central motive.
The Industrial Revolution led to a shift from agrarian economies to industrial economies.
Traditional agricultural practices were replaced by industrial production methods,
leading to increased urbanization and a rise in factory-based manufacturing.
Technological Innovation:
The period witnessed significant technological advancements,
including the steam engine, spinning jenny, power loom,
and mechanized textile production, which revolutionized manufacturing processes.
Innovations in transportation,
such as the steam locomotive and steamships,
revolutionized the movement of goods and people,
facilitating trade and industrial expansion.
Advancements in metallurgy and machinery construction led to increased productivity and the development of new industries.