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it's summer here is an easy search that explains it
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Undergirding the development of modern Europe between the 1780s and 1849 was an unprecedented economic transformation that embraced the first stages of the great Industrial Revolution and a still more general expansion of commercial activity. Articulate Europeans were initially more impressed by the screaming political news generated by the French Revolution and ensuing Napoleonic Wars, but in retrospect the economic upheaval, which related in any event to political and diplomatic trends, has proved more fundamental.
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The Patriot victory at Saratoga is often seen as the turning point in the war. Not only did it renew the morale of the American public, but it convinced potential foreign partners, such as France, that American could win the war, and that it might be in their best interests to send aid.