Agriculture and handicrafts-based economies were replaced during the Industrial Revolution with ones focused on large-scale industry, automated manufacturing, and the factory system. Existing industries became more productive and efficient thanks to new tools, power sources, and labour arrangements.
<h3>What does it mean Industrial Revolution and its effects?</h3>
The switch from manually producing items to employing machines was known as the Industrial Revolution. Scholars disagree on its beginning and termination, although they generally agree that it lasted from roughly 1760 until 1840.
The Industrial Revolution transformed the economy from one based on agriculture to one based on manufacturing, where things were now produced not just by hand but also by machines. As a result, there was an uptick in output and efficiency, a drop in cost, a rise in available items, an improvement in earnings, and a migration of people from rural to urban regions.
The benefits of the Industrial Revolution were numerous. Among these were a growth in wealth, productivity, and living standards. People have access to more affordable commodities, nicer homes, and healthier meals.
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