What is the significance of the Industrial Revolution?
The Industrial Revolution was a period of dramatic economic and social change that occurred in Europe and North America during the late 18th century. It began with the mechanization of manufacturing processes, which allowed for greater efficiency and productivity. This led to an increase in population and urbanization, as well as the rise of capitalism and industrialization. As a result, living standards improved significantly, leading to increased wealth and social mobility. Additionally, technological advances such as railways and steamships made it easier to transport goods across long distances, further contributing to economic growth.