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The Industrial Revolution

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The Industrial Revolution
The term Industrial Revolution refers to the social and economic changes that led to the transition from an agricultural and commercial society to a modern industrial one. This revolution relied on machinery instead of basic tools. This happened in Great Britain in the middle of the 18th century until the middle of the 19th century. The Industrial Revolution spread to other parts of Europe as well as other parts of the world.
The period of explorations from the 14th to the 16th centuries helped in laying the foundations for the Industrial Revolution. Because of the explorations and subsequently colonialism, gold and silver from the New World flooded Europe. Prices of commodities rose, industries bloomed and a money-based economy fully developed. The expansion of trade and the economy based on money led to the creation of financial and lending institutions. Thus, the necessary factors for the emergence of an Industrial Revolution had already been established in the 15thcentury.
The term Industrial revolution does not imply that changes happened only in the industry. In fact, the rise in the number of factories, the economic changes and the new inventions in science all had a great impact in the lives of the people in Europe and even the whole world.
THE RISE OF THE INDUSTRIAL REVOLUTION IN GREAT BRITAIN
From the 18th to the 19th centuries, Great Britain was the leading force in industry. It had large deposits of coal and iron. Because of hips, it was easy for them to go to the markets. It had also saved enough capital from earlier trading ventures. Aside from this, the fact that Great Britain was not conquered by Napoleon the Great also played an important role. Great Britain was able to respond to the large demand for garments and metal products which encouraged the use of machinery in factories.
How come Great Britain...

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