The Industrial Revolution Essay

1526 Words 7 Pages
The Industrial Revolution in Britain’s history is marked as the period of great development that led to the modern era of growth, improved living standards and technology. Moreover, this revolution was not just limited to Britain; it affected the rest of Europe and America in the same positive manner. Due to the Industrial Revolution’s success in many countries, it is now commonly cited as the surest way for a country to develop. In economics, goals of a developed country are high production of goods, high Gross Domestic Product (GDP), low unemployment and sustained growth; during an Industrial Revolution all these are achieved. However, despite the main goal of IR to improve living standards for the population, the actual success when …show more content…
Moreover, due to the high specialization of the workers, the efficiency of the overall production was decreased as well. As different specific processes were needed for the creation of a good, a single person could not effectively complete the tasks by himself and would depend on others to finish them. Furthermore, if one of the workers were lost due to any reason, the production would be halted until a replacement could be found. In addition, the actual production used primitive tools and the knowledge associated was a closely guarded secret that was kept within the family. With all these different economic aspects, an average worker was greatly disabled on improving his standard of living. All the above-mentioned factors created a negative force on the working class, pulling them back to the same status whenever they tried to improve.
With the advent of the Industrial Revolution, existing factors, which kept pulling the working class back to its low standard of living, were diminished if not completely suppressed. The revolution introduced new technologies and processes that created a system by which all workers benefited; most clearly shown be a “sustained rise in the real income per person” [1]. One example of such technology is “machines… that harnessed [untapped] sources of energy like water and steam and made the manufacturing of goods more efficient than ever” [10]. All these inventions had the effect of lowering the cost of productions and allowed “more