Title: The Social Impact of the Industrial Revolution | Encyclopedia.com
Headings: The Social Impact of the Industrial Revolution
The Social Impact of the Industrial Revolution
The Social Impact of the Industrial Revolution
Overview
Background
Impact
RICHARD D. FITZGERALD
Further Reading

Content: This moved the aristocratic class to change its view of the peasant class. The highly religious and land-based society of the medieval world believed that social structure was ordained by God. The deep belief that all souls were equal in His eyes produced a social system where all classes had both rights and responsibilities. With the onset of a profit-oriented market economy, the wealthy landowners began to perceive the peasant as just a source of labor. It was the fruit of their labor that was of the greatest interest and importance in this entrepreneurial economy. This created an expectation of greater profits, which in turn increased the demand for greater material prosperity. This revolution in expectations would both stimulate and focus the drive toward industrialization. The new demand for consumer goods produced the first workshops and factories. Impact
Industrialization increased material wealth, restructured society, and created important new schools of philosophy. The social impact of industrialization was profound.