Effect of the American Industrial Revolution is such as:
More and more Americans moved from rural areas to urban areas in search of Jobs in Factories because of these cities had seen the Population boom in the cities.
Boys and girls are working in the factories as young as seven years because they can easily fit in the small space and paid less.
Due to American Industrial Revolution like Europe, new Classes emerged Capital and Labor class.
Revolution is not equal to any year....it may ends in 1 day or 10 years .......so don't confuse. it just an English word that means a process in which there is change in old system for a new one . and the definition you say is also correct ....so !