Economic (GOOD)
The invention of so many machines improved the efficiency of production of goods! Cotton was weaved 50 times faster and fabrics were produced at a tremendously fast rate. This resulted in more money earned as more goods can be sold for more money, people will no longer suffer from malnourishment.
Another factor that helped to earn more money was the fact that transportation means were improved. So many advanced technology was invented that heavy but expensive raw materials could be sent to other parts of the world to be sold, allowing people to earn more money!
Social (BAD)
However, unemployment rates were high as many people’s jobs were replaced by machines. This unhappiness led to many protests and conflicts among the people, causing much chaos. An example was the Luddites protest!
Many children were also forced to work in factories and in coal mines which had dangerous working conditions. The standards of the social welfare of the people dropped greatly.
Environmental (BAD)
Low hygiene standards and poor
living conditions, resulting in easier spreading of diseases. Toxic wastes from
the factories often flowed into the rivers as well as the drains on the
streets, causing germs to be spread to the citizens very easily.
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