Title: Industrial Revolution: Causes, Impact and Overview
Headings: Industrial Revolution: Causes, Impact and Overview
Industrial Revolution: Causes, Impact and Overview
Table of Contents
HOW DID THE INDUSTRIAL REVOLUTION START
The impacts of the Industrial Revolution
IMPACT ON TECHNOLOGY
IMPACT ON ECONOMY
IMPACT ON SOCIETY
IMPACT ON INDIAN SOCIETY
EMERGENCE OF SOCIOLOGY AS A DISCIPLINE
About Meera

Content: As the amount of goods demanded grew drastically, more workers started to be employed, more capital investments were made and more profits yielded. The idea of Laissez-Faire Economics, which suggests the working of businesses with little or no interference from the government started to be more welcomed. Huge investments were made by the richer section of the society and workers were hired extensively. All of these led to a new class structure in the economy after the revolution. The class structure consisted of
(1) Upper class that included rich and industrial families
(2) Middle class which included businessmen and professionals like doctors and lawyers
(3) Lower middle class that consisted of people like teachers and shop owners, and
(4)Lower class that consisted of least earning peasants and factory workers. The increasing urbanization led to a huge rise in the number of people living in cities. As factory owners started getting more concerned about profits they could make, they started paying lesser wages to workers, employed more child labourers and increased the number of work hours. IMPACT ON SOCIETY
The Industrial Revolution had huge social impacts and changed the lives of people everywhere. Major changes happened in the lives of labourers. As the manufacturing units were shifted to huge factories from traditional methods, the workers started experiencing harsh and unsafe working conditions.