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How Did the Industrial Revolution Alter Economic Systems in Europe?

The Industrial Revolution changed the economy in Europe in many important ways.

  1. Move to Factories: Before, most people worked on farms. But during this time, factories became more common. They made products faster and in larger amounts.

  2. Growth of Trade: Because more goods were being made, countries began to trade a lot more. They looked for raw materials to use in their factories. This really helped trade grow around the world.

  3. Getting Colonies: European countries wanted to get more resources. They raced to take control of other lands. For example, Britain took over parts of India and Africa to get materials like cotton and rubber.

This time transformed how things were made and changed how countries worked together in the economy.

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How Did the Industrial Revolution Alter Economic Systems in Europe?

The Industrial Revolution changed the economy in Europe in many important ways.

  1. Move to Factories: Before, most people worked on farms. But during this time, factories became more common. They made products faster and in larger amounts.

  2. Growth of Trade: Because more goods were being made, countries began to trade a lot more. They looked for raw materials to use in their factories. This really helped trade grow around the world.

  3. Getting Colonies: European countries wanted to get more resources. They raced to take control of other lands. For example, Britain took over parts of India and Africa to get materials like cotton and rubber.

This time transformed how things were made and changed how countries worked together in the economy.

Related articles