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The Industrial Revolution: A Major Turning Point In World History

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The Industrial Revolution: A Major Turning Point In World History
The industrial revolution had been a major turning point in world history. During this period of industrialism, average income began to exhibit remarkable sustained growth. During the 18th and 19th century, the world’s average per capita income increased more than tenfold.
The inhabitants of Britain standard of living had been drastically increasing during the industrial revolution. The level of income that England has had over the years could not have been reached without the industrial revolution.
Britain was provided with the access of goods in relatively inexpensive ways, which didn’t exist before. There were several job opportunities for people who were moving to the cities where most of the machines and factories were merging.
The industrial
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To make fabric there were people spinners whose whole lives were spent running spinning wheels and turning cotton into threads to make fabric. People were relieved of this misery by the invention of a machine by James Hargreaves called spinning jenny that enabled workers to individually produce numerous spools of threads simultaneously. The machines that were built could be replicated to make factories bigger and bigger.
The industrial revolution didn’t just invent the spinning machine, it invented the modern factory. The spinning machine turned England into a power house, before that they were depending on cotton from India, now they could ship the raw cotton in and make and make the thread themselves and they would be, therefore they became known as the center for that.
The industrial revolution was a period of enormous social progress. There were great gains in health, literacy and social mobility where people’s lives were not entirely governed by their social class or what their parents did.
The invention of the telegraph led to easier communication during the industrial revolution. By 1840, railways were a Cooke-Wheatstone system and during 1866 a telegraph cable was laid successfully across the Atlantic. The Industrial Revolution also gave rise to banks and industrial financiers and this resulted in a stock exchange that was established in the

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