Question

How did the Industrial Revolution change economies throughout Europe?

Answer 1

The Industrial Revolution inspired a more manufacturing based economy. Rather than focusing their time solely out in the fields, people began to move into cities to work in factories. It also greatly changed their labor system. There were more job opportunities for women, as their smaller hands were better at working in places such as textile factories. Until child labor laws were passed, many children were also hired for jobs better fit for smaller people. Economic ideologies such as capitalism and socialism really developed as well as countries began to see a major shift in the wealth and how they obtained their wealth and realized they had to change the structure of their economy too.