as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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summarize the impact of the first industrial revolution on the global economy in one sentence.
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the first industrial revolution transformed the global economy by introducing new sources of power, methods of production and transportation, and economic specialization.
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