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BUSINESS BUSINESS ESSENTIALS

Industrial Revolution

By JAMES CHEN

Updated Jul 5, 2019

What Was the Industrial Revolution?

The Industrial Revolution was a period of major industrialization and innovation that took place during the late 1700s and early 1800s. The Industrial Revolution began in Great Britain and QUICKLY spread throughout the world.

The American Industrial Revolution commonly referred to as the second Industrial Revolution, started sometime between 1820 and 1870. This period saw the mechanization of AGRICULTURE and textile manufacturing as well as a revolution in POWER, including steamships and railroads, that affected social, cultural, and economic conditions.

KEY TAKEAWAYS

The American Industrial Revolution commonly referred to as the second Industrial Revolution, started sometime between 1820 and 1870.

The Industrial Revolution led to inventions that included the telephone, the sewing machine, X-ray, lightbulb, and the combustible engine.

The increase in the number of FACTORIES and migration to the cities led to pollution, deplorable working and living conditions, as well as child labor.

Understanding the Industrial Revolution

Although the Industrial Revolution occurred approximately 200 years ago, it is a period that left a profound impact on how people lived and the way businesses operated. Arguably, the factory systems developed during the Industrial Revolution are responsible for the creation of capitalism and the modern cities of today.

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