Industrail Revolution

Industrial revolution

During the industrial revolution the economy changed and the world become full of industries. The industrial revolution made travel and saleing of goods easier. It brought better roads and railways. Because of this people traveled more and learned more about the world.

The industrial revolution started in the late 1700's but there is not exact time period it started. Many historians think that the outgrowth of social and institutional changes brought by the end of feudalism in Britain. Feudalism refers to a general set of reciprocal legal and military obligations where is revolved around three key concepts or lords,vassals and fief.

The enclosure movement and the British Agricultural Revolution made food production more efficient and less labour-intensive. In the 17th century the creation of financial markets and accumulation of capital.

Of the many factors that started the industrial revolution the main suggested reasons are the ecology change, the government influences and the culture knowledge. China however was not part of the growth at this time. This was because China was in a high level equilibrium trap in which the methods they used were more efficient and it prevented the high cost of capital.

During the industrial revolution the making of machines that made hard jobs much easier allowed the revolution to move quicker. It wasn't until later the clock makes and many other makers began th change over from wood working to ones capable of machining tool steel.

The industrial revolution changed the world three different ways. The first was that it allowed people to work a lot faster. The second is that the new rail roads and steam ships allowed people to talk with new people and learn mor e things about the world. The third reason is that there were more jobs for people to take.

Even though the new factories had no laws and were very unsafe, people needed money to live in their homes. During this time