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Industrial Revolution Impact On Business

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The Industrial Revolution has shaped business and society as we know it today. It started a continuous pattern to improve and advance our technology, which in turn has created an endless number of business opportunities and ideas. A major example of this is mass production. Mass production is the process of manufacturing goods or products on a large-scale, such as cars or clothing. If it wasn’t for mass production producers would still use the method of making things upon order and not having products stocked and ready for purchase. Prices would also be extensively high (The Economist, 2009). Mass production has been a great impact on businesses in the past and in the present, by offering endless goods or products to sell on a large-scale. …show more content…

Another good example of how the Industrial Revolution shaped business today, is the 4th Industrial Revolution, or the technological revolution and how that is creating new technology to revolutionize and produce more or better goods and

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