An effect of the Industrial Revolution was that the wages around the
world got better and there was rise or hike in the wages of the people.
With the Industrial revolution came the betterment in the
standard of living of general people around the world. They had more money in
their hands and the purchasing power ultimately increased. This also helped in
the growth of the economy. It has been agreed by several historians that the
Industrial Revolution was one of the most important incidents of history.
