The Industrial Revolution: The Most Important Turning Point In History

The Industrial Revolution is known as the most important turning point in history. Throughout this time, the income and population started to show an unparalleled continuous growth. Therefore, the Industrial Revolution did not take place earlier because it quickly went beyond the borders of Europe as well as effortlessly adopted across other cultures. There were areas that did not industrialize which in turn got affected by the Industrial Revolution. For example, Latin America, a place where the economy was well-defined by exports of raw materials that is supplying the factories; in addition to workforces of industrial countries. Even though Europe’s original industrialization was influenced by the taking out of wealth from the Americas, plus by its control of the growing market of goods in …show more content…
In other words, it is the grouping of new, highly commercialized, economical European societies by means of the global network with their own production, which provides background for understanding Europe's industrial revolution. The European countries and their need for revenue pushed them into an alliance with their business modules, which resulted in an unusual amount of freedom from state control in addition to an increase in social status for the merchants rather than in more reputable civilizations. The trade and cross-cultural exchange was the basis for technological changes for the first industrial societies. Other parts of the world that are technically and economically advanced as Europe but because Europe was composed of many small and highly competitive states in that they prevented economic stagnation unlike China and other larger territories. In addition to, being newer, their ruler's desperate need for revenue pushed royals to an unusual alliance with the commercial