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Thursday, 28 March 2013

The Social And Economic Changes Of The European Industrial Revolution

The industrial Revolution of the late 18th and early nineteenth centuries completely revolutionized the productive capacity of Europe. The revolution stood as more than than just a rush of technological and theoretical advancements; it change European society down to its very roots. Every somebody was touched in some fashion or play - peasant and noble, parent and child, artisan and merchant. The Industrial Revolution served as a key to the origins of modern European society, birthing capitalism and a higher overall quality of life.
According to capital of Minnesota Halsall there were four main effects caused by Industrial Revolution, increase standard of living, creation of factories, urbanization of the population, and a spacious increase in production. These results, all interconnected, emerged through a domino like effect. At first there was a bulky increase in the creation of factories. This increase lead to an increased demand for labor, which in turn caused urbanization when vast amounts of workers move into the city to work. This increase in available labor and factories led to an overall increase in total production that in turn flooded a large ply of goods into the market place to meet the growing demand of the people, increasing GDP and in the end the standard of living.

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While the amount of producers in the country and the turn in of goods to the market increased, the capability of the production of these goods also increased. This newfound efficiency was caused mostly by technological advancements made during the revolution. Examples of these inventions include the cotton fiber gin and the sewing machine. Besides the obvious economic impacts these advancements had on Europe, tremendous social changes were achieved. Simply put, common goods become inexpensive to the common man. A clear example of this is the production/ accessibility of clothing. Clothing could now created at a rate ex times faster than what could previously be achieved. This increased the supply of...If you want to get a full essay, order it on our website: Ordercustompaper.com



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