The boom was so big that in the 1840’s Great Britain was producing 3 million more tons of iron then the rest of the world was combined. Iron’s biggest impact was in the transportation industry, which increased production efficiency immensely. The two main forms of transportation were steamboats, and railways. Railways would have the most profound effect in changing Europe. New jobs were being created because of this new industry that encouraged people out of the farm lands. It also allowed quick transportation and shipping to cities that were to far to travel to before. It’s major impact however was its growth of the economy. “By reducing the price of goods, larger markets were created; increased sales necessitated more factories and more machinery, thereby reinforcing the self-sustaining nature of the Industrial Revolution” (Spielvogel, 446). Cross country materials were now within a couple’s day’s reach from business’ which allowed them to thrive. Other countries such as the United State started using railways to ship settlers to the west and bring back new products to developed towns, showing irons global
The boom was so big that in the 1840’s Great Britain was producing 3 million more tons of iron then the rest of the world was combined. Iron’s biggest impact was in the transportation industry, which increased production efficiency immensely. The two main forms of transportation were steamboats, and railways. Railways would have the most profound effect in changing Europe. New jobs were being created because of this new industry that encouraged people out of the farm lands. It also allowed quick transportation and shipping to cities that were to far to travel to before. It’s major impact however was its growth of the economy. “By reducing the price of goods, larger markets were created; increased sales necessitated more factories and more machinery, thereby reinforcing the self-sustaining nature of the Industrial Revolution” (Spielvogel, 446). Cross country materials were now within a couple’s day’s reach from business’ which allowed them to thrive. Other countries such as the United State started using railways to ship settlers to the west and bring back new products to developed towns, showing irons global