Industrial Revolution, is the process of transition from an agrarian and manual economy to one characterized by industry and machine manufacturing.
Over the years there have been a series of industrial revolutions. Below are a list of the for industrial revolutions
First Industrial Revolution: Coal in 1765
Second Industrial Revolution: Gas in 1870
Third Industrial Revolution: Electronics and Nuclear in 1969
Fourth Industrial Revolution: Internet and Renewable Energy in 2000
One similar impact of the industrial revolution in Europe and Latin America is rapid urbanization which involved the movement of people to cities. This made the rural ares less populated than the urban areas.
1. IR was the most significant change since the Agricultural Revolution. Human ways of life were fundamentally altered.
2. The Industrial Revolution created new classes of people in society.
3. It created new work patterns.
4. It enormously increased the output of goods and services because of a completely unprecedented jump in the capacities of human societies to produce wealth.
5. It was driven by a culture of innovation, a widespread and almost obsessive belief that things could be improved endlessly.
EMpires used trade for all sorts of reasons a few were to get and sell goods. Another was to exchange information and news. This also connected people far and wide from the main part of the empire. It was easier to rule empires when trade was established
