Industrial Revolution

Industrial Revolution

Introduction

In the latter half of the 18th Century major changes occurred in the method of production that changed the history of humankind. This profound transformation is described as the Industrial Revolution. Goods began to produced not by hand but by machines. This increased the volume of goods produced exponentially. The changes were not only economic but made a profound impact on society and politics. Society transformed from an agrarian and handicraft economy to one dominated by factory and machine-production. Starting in England first, it spread to other parts of the world. Although used earlier by French writers, the term Industrial Revolution was popularized by the English economic historians to denote Britain’s economic development from 1760 to 1840.