29 Dec 2022

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The Industrial Revolution: Definition, Causes & Inventions

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Academic level: High School

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Industrialization began in Great Britain due to its large deposits of coal an iron among other raw materials that benefited industries. The revolution occurred due to the stable economic, social and political environment in Great Britain. The government contributed to the industrial revolution by allowing free markets, trade, and industry to develop without hindrances. It did not impose any barrier to trade and finance, in the process of protecting local industry and agriculture. These regulations helped in propelling the industrialization process.

Government regulations played an important role in the business environment and economic development. During the industrial revolution, the government attempted to restrict the growth of monopolies and allow for the growth of businesses. The British government agreed on allowing the country to grow by trade, which entailed encouraging trade through regulations. The regulations allowed traders to buy raw cotton from India and ship into the country to make clothes, before selling them for profit ( Szostak, 1991) . The UK government also engaged in borrowing and spending, which created a demand-driven boom. In essence, the government used a laissez-faire approach of allowing the growth of monopolies and protecting the right of workers. It passed laws and created new bureaucracies.

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The industrial revolution in Great Britain was one of the most efficient in the world. It was one of the biggest changes to come out of the industrial revolution between 1750 and 1870. Improvement in transportation during the industrial revolution made it easier for manufacturers to transport goods ( Szostak, 1991) . The industrial revolution was associated with the mass production of goods that needed to be transported throughout Britain. The improvement in transportation allows for practical and efficient shipping of goods across different regions while sustaining trade. Great Britain created an industrialized network of transportation during the industrial revolution, transforming into the most advanced transportation systems in the world

Technology has consistently changed how workers do their jobs across every industry. It has improved working conditions by streamlining the tedious working process. The technology innovation increased my rate of production and speed of doing business as a marketing officer. It helped me to become more efficient than ever before by finishing work faster and being able to messages to clients instantly and make payments almost immediately. Technology has also improved communication and interaction between employees and customers, as well as creating a stronger company culture.

References

Szostak, R. (1991).  Role of transportation in the industrial revolution: a comparison of England and France . McGill-Queen's Press-MQUP. 

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StudyBounty. (2023, September 16). The Industrial Revolution: Definition, Causes & Inventions.
https://studybounty.com/the-industrial-revolution-definition-causes-and-inventions-essay

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