Summary - Industrial Revolution, term usually applied to the social and economic changes that mark the transition from a stable agricultural and commercial society to a modern industrial society relying on complex machinery rather than tools.
The industrial revolution was a time in history when many jobs became available for people in factories and the textile industries. The industrial revolution began in Great Britain because Great Britain had all the natural resources and all the "M's." Also, Great Britain has all the factors of production. Some of these are land, money, capital and technology.
Wednesday, November 5, 2008
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