INTRODUCTION:
Industrial Revolution means shifting of society from using humans to make products to using new sources of energy, such as coal, to power machines in factories.It’s the shift from the home to factory,village to city and human or animal power to machine power which run by fossil fuels(like coal,oil,greece etc..).
Industrial Revolution is the major turning point of the economy status of the entire world. This revolution has begin in sometime between 1760 to 1860. This revolution was first started in Great Britain later on it had been spread to Europe,India and some more Asian Countries. Due to this revolution many countries had got new and improved machinery which made them large-scale production.
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Before the Industrial Revolution the GDP per-capita income was mostly stable and the emergence of the modern capitalistic economy has taken place,while the Industrial Revolution began an era of per-capita economic growth in capitalist economies
Industrial Revolution made increase in the usage of Steam Power and the development of machine tools which made the major cause for the rise of the Factory System.
