It started around the Mediterranean, more precisely around Constantinople, as well as south Spain, Sicily, and moved north towards the Baltic from all sides. France, Germany, Hungary, everyone was swept away by it. Britain suffered major losses especially for being on an island where people couldn't escape it.
Industrialization impacted the 19th century world economy, because it began to show which countries have what it takes to become an industrialized company, and afterwards become a world power. Without the industrialization, America may not have been known to be a world power