By  reading the title the reader immediately understands what the text us about. The main keywords make  him/her knows that is about the main characteristics of the Industrial Revolution.

After a first reading of the text he/she notes that his/her expectations are correct, because it is a detailed analysis of the motives and of the consequences, not just in England, but in all over the Europe of the historical process of the nineteenth century.

First the definition of the Revolution is explained: it is the substitution of competition for the medieval regulations which had previously controlled the production and distribution of wealth". It led to growth of two system of thought: economic  science and socialism. The development of the first one has four chief landmarks: Adam Smith, Malthus, Ricardo and John Stuart Mill, which wrote four books. Than the facts of the Industrial Revolution are the growth of the population and the decline in the agricultural population. The decrease in rural population was caused by the destruction of the common-field system of cultivation, by the enclosure of common and waste lands and by the consolidation of small farms into large. There has been an agricultural advance later on a more scientific approach and mechanical inventions like the steam engine and the engine for a cotton-mill as well. The mechanical revolution in iron industry consisted on the smelting by pit-coal and an application of the steam engine. New canals and the railroad where the novelty in the ways of communication. As a result the commerce increased and started a substitution of factory system for domestic system. So because of the new distribution of wealth the rents rose and country life socially changed. That changed the farmers and started new social conflicts. There were also negative consequences, like the misery of working people.

In the text there are ten paragraphs, which have the function to organize it into different section of content. All of them are argumentative paragraphs and the author provides some historical pieces of information to prove his theses. He gives the reader a roster about all the causes, the facts, the dates and the consequences of the Industrial Revolution. Each paragraph has the function to analyze a single aspect of the theme, to understand better all the passages.

The writer concludes his description by talking about the negative consequences of the process: there was a production of wealth without well-being, because of free and uncontrolled competition. In the last phrase he introduced the horrors that had ensued in England before it was restrained by legislation and combination.