The Industrial Revolution in Europe

1217 Words Jun 22nd, 2018 5 Pages
In 1750 political liberalism, the enlightened age, Infrastructure, and the economic climate allowed Great Britain to seek new job opportunities and exploit new business ideas. In addition, literacy, public education and the middle class was rising immensely. Concepts like partnerships and selling shares were introduced during this time period. The process of the Industrial Revolution was rapid in Western Europe however, by the 1900 all of Europe was involved. Over all, the effects of the revolution changed the way materials are transported, how products are made, on a global basis.The Industrial Revolution was a critical turning point in European history because the changes made are integral in the modern age. The inventions made expanded …show more content…
In addition, bank loans played a large role in the Industrial Revolution. Which provided financial support which allowed our market to grow and expand into what we have today. The infrastructure of the Industrial Revolution we would not have the assembly line and mass production we have today. It all started in Britain with the canals, they realized that canals were the more effective choice due to the fact the roads were mud trails. Furthermore, it was more cost affective than packhorses. Canals speed up the process of transportation and led to the realization that “Time is Money”. These canals expanded the market to an internal network. According to Canada Transportation, Canada’s total trade in 2011 with the world was $342 billion without the Industrial Revolution this would not be possible. Rail and water are two of the main transportation industries, Two thirds of the goods carried by rail across Canadian soil or ocean borders. This is evidence that infrastructure developed in the Industrial Revolution are a huge factor in the success of todays economies. In the Industrial Revolution this allowed cotton bales from America and wool from Australia to be brought to the middle of Britain. In addition, this allowed free movement of coal, the fuel that powers the empire. They turned the materials into finished goods then they re-export to make a profit. This process