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how i think the Industrial Revolution changed the economy:= The Industrial Revolution transformed economies that had been based on agriculture and handicrafts into economies based on large-scale industry, mechanized manufacturing, and the factory system. New machines, new power sources, and new ways of organizing work made existing industries more productive and efficient.
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how i think it impacts the economy today:= The unprecedented levels of production in domestic manufacturing and commercial agriculture during this period greatly strengthened the American economy and reduced dependence on imports. The Industrial Revolution resulted in greater wealth and a larger population in Europe as well as in the United States.
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The Industrial Revolution transformed economies that had been based on agriculture and handicrafts into economies based on large-scale industry, mechanized manufacturing, and the factory system. New machines, new power sources, and new ways of organizing work made existing industries more productive and efficient.
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