Title: 10 Major Effects of the Industrial Revolution | Learnodo Newtonic
Headings: 10 Major Effects of the Industrial Revolution
10 Major Effects of the Industrial Revolution
#1 The Factory System
#2 Rise of Capitalism
#3 Urbanization
#4 Exploitation of the Working Class
#5 Opportunity and Increase in the standard of living
#6 Rise of Materialism and Consumerism
#7 Technological Advancement
#8 Rise of Socialism and Marxism
#9 Transfer of Wealth and Power to the West
#10 Pollution and Destruction of Environment
The Workhouses of the Poor Law of 1834

Content: #1 The Factory System
The factory system was a child of the Industrial Revolution and developed and advanced during its course in the 18th and 19th century. It replaced the cottage industry which was more autonomous with individual workers using hand tools and simple machinery to fabricate goods in their own homes. The invention of the water powered frame by Richard Arkwright in the 1760s led to the formation of the first factories along the rivers in Britain. In 1771, Arkwright built his first factory at Cromford. He built many small cottages close to it to employ labour from far and across, preferring weavers with large families so that women and, especially their children, could work in the factory. By 1779, he had over 800 people with timed jobs, shifts and factory rules. The factory system generated a fortune for its few owners and his template caught like wild fire. Improvements in the steam engine and power loom further incentivised cheaper energy and better machines; and this positive loop fed the Industrial Revolution. Depiction of a factory in Chemnitz, Germany during the Industrial Revolution
#2 Rise of Capitalism
Capitalism refers to an economic system based upon private ownership of the means of production and their operation for profit.