Title: Why is the Industrial Revolution considered a turning point in world history? - Quora
Headings: Why is the Industrial Revolution considered a turning point in world history?
Why is the Industrial Revolution considered a turning point in world history?
Tom Billings
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Dylan Antonelli
Sarah Syed

Content: Why is the Industrial Revolution considered a turning point in world history? - Quora
Why is the Industrial Revolution considered a turning point in world history? 11 Answers
Tom Billings
, B.S. Science, Portland State University (2003)
Answered 1 year ago · Author has 2.1K answers and 292.6K answer views
Originally Answered: Why was the Industrial Revolution a turning point in world history? What made the industrial revolution a turning point was the massive increases in the productivity of human beings that could be obtained through market allocation of resources. The most competent published definition of it is: "When a society moves from allocating resources by custom and tradition (moderns read here, by politics) to allocating resources by markets, they may be said to have undergone an industrial revolution" Arnold Toynbee-1884
An excellent example of how this increase works, even today, is the difference between politically mandated rocket funding and market allocation of the r
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What made the industrial revolution a turning point was the massive increases in the productivity of human beings that could be obtained through market allocation of resources. The most competent published definition of it is: "When a society moves from allocating resources by custom and tradition (moderns read here, by politics) to allocating resources by markets, they may be said to have undergone an industrial revolution" Arnold Toynbee-1884
An excellent example of how this increase works, even today, is the difference between politically mandated rocket funding and market allocation of the resources needed. In 2010 the Congress mandated that NASA build a rocket using the then 40 years old technology of the Space Shuttle, an open goal to place larger payloads in orbit than were being done at the time, and a concealed political goal to employ as many people in Northern Alabama and Florida as the Space Shuttle had done.