Important Factors Leading to Industrial Revolution

Nowadays, it is almost taken for granted that the industrial revolutions are the result of changing technology and the proper application of that in the industrial production. However, from my point of view, these two factors did play a vital role in stimulating industrial revolutions, but they were not the only catalyzer propelling monumental development in industry. Influentially, the improvements in organizations of politics, social patterns, commerce, finance, and transportation also accounted for the prosperous phenomenon in the industrial revolutions. In this paper , I am going to compareBritain in the First Industrial Revolution with the United States during the timeframe of Second Industrial Revolutions, and show†¦show more content†¦2. Social change The overall social structure change and the shifit of attitude towards business were essential for stimulating the industrial revolution. In Britain, the shift of social pattern was mainly represented by the â€Å" relative and positive decline in the agricultural population†. In 1688, 88% of the population was engaged in agriculture.( Reformation to Indutrial Revolution, 66) But the total --3 of 8-- rural population steeply dropped to 33.3% in the year of 1881. The rapid urbanization of populaiton not only significantly pulled up the demand level for goods and services in the countries , but also provided sufficient labor for manufactured industry. We could conclude that the social shift sparkled the industrial development and preparared the economy in Britain to be lifted up to a whole new level. Similarly, in the United States, the broad social shift significantly contributed to the development in Second Industrial Revolution. With the establishment of independence, the accptance of competitive individualism and liberal democracy became pervasive. This favorable social climate helped protect individual rights, and also created a healthy Entrepreneurial Spirit. Finally, an increasing number of large coporations showed up. All those changes mentioned above were the unique social orShow MoreRelatedIndustrial Revolution Essay1016 Words   |  5 PagesTowards the end of the eighteenth and the beginning of the nineteenth century, the Industrial Revolution began. History defines the Industrial Revolution in the article â€Å"Industrial Revolution† as â€Å"a period during which predominantly agrarian, rural societies in Europe and America became industrial and urban.† Prior to the revolution, during the agrarian and rural society period, people typically lived in small communities working to simply sustain themselves. 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