The Industrial Revolution was also known as The First Industrial revolution and is a period that covered the years of about 1790 to at least sometime between about 1820 and 1840. This was the time period that saw the birth of many new industrial products that we use in our day to day lives and helped revolutionize society to such an extent that it would never be the same again. This period has since been called the “Age of Machines,” for good reason.
The Industrial revolution was a result of the rapid development of new technological advances in both manufacturing and trade that allowed for a much higher level of productivity, efficiency, and speed in both businesses and everyday life. One of the biggest contributions of the Industrial revolution was that it allowed a wide variety of people to get their products out there, which helped drive down prices and allow for higher levels of competition in the market. It was also a major contributor to the reduction in labour costs, which was something that people had been trying to achieve for quite some time. In addition to this, the Industrial revolution was also responsible for the invention of many new materials that have since been developed and used on a large scale. For today’s industrial needs, consider Industrial Valves at a site like Orseal Industrial Valves
It had a huge impact on the world, because it gave rise to a new wave of technology, and the world began to change. There was a need to develop new ways to make goods, and the manufacturing process itself became much more efficient and effective, which led to more efficient trade practices, and new avenues of growth.