Answer:
cleopatra vii. it needs to be 20 characters
While the Industrial Revolution had both positive and negative effects on society and the economy, the positive effects outweighed the negative. Industrialization resulted in an increase in population, people moved in urban areas in search of jobs and work. This also increased the economy significantly.
People got longer working hours, including an increase in earnings, and due to more poeple moving into these urban areas, companies made more money. Cities grew rapidly and industrys and steam power rapidly strengthened.
In Manchester, the population in 1717 was 100,00, but by 1922, the population grew to over 2,300,00 people. This significantly helped the economy financially, because more people means more spending money.
The telegraph changed society by facilitating communications among Americans. The telegraph gave Americans the chance to send and receive messages at an unprecedented speed and volume. Professor Samuel Morse, an instructor at New York University, created the first version of the telegraph in the 1830s, and, although well-planned, the device required significant revisions before allowing communications between the East and West coasts and eventually overseas
An economy that is based on mining or producing raw materials to be used in foreign industries is called an "extractive economy", since it is "extracting" such resources. It can also be called a "resource-based" economy.
