
The positive and negative reactions that the industrial revolution had on the economy where when a machine was invented and it created new job opportunities for people and made the production of a product more efficient and as they were now able to be produced in a commodity it made the production cheaper allowing business to sell them more cheaply to consumers. The production of new machines allowed consumers to have more choice when buying products. The negative reactions the industrial revolution had on the economy was it put people producing cottage industries out of business. To earn a living people had to move to work in factories which made people work long hours in hard conditions for low pay. Another negative reaction of the industrial revolution it caused natural effects such as pollution as well as the large interest moving from agriculture production to industrial production.
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Tuesday, September 2, 2008
Net Effect
Posted by Jemima at 2:11 AM
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