• The Industrial Revolution is the substitution of competition for the mediaeval regulations which had previously controlled the production and distribution of wealth. It brought about such radical changes in nineteenth century England and in the western world led to growth of two systems of thought:

1) Economic science                      2) Socialism

 •Facts of Industrial Revolution: 

•Decrease in rural population causes:               

1) Destruction of the common field system of cultivation

     2) Enclosure, on a large scale, of common and waste lands

     3) Consolidation of small farms into large

•Agricultural advance.

cause - more scientific approach:

•Growth of industry causes;

1) mechanical inventions in textile industry

most important:

2) mechanical revolution in iron industry

3) improved means of communication

results:     

              1) increase of trade

     2) substitution of factory system for domestic system.

• (par. 8) Revolution in distribution of wealth rise in rents caused by:

social changes in country life:

1) they ceased to work and live with their laborers, and became a distinct class.  

2) they changed their habits: they started living in luxury and drinking. This was a consequence of more money coming into their hands.

• Social changes in manufacturing world

  consequences:

 1)  high prices

2) disappearance of common rights

3) class conflict.

•Misery of working people often caused by:

Conclusion:

 The Industrial Revolution put the bases of the economic system in the modern western society. As a result of the industrial revolution, a new wealthy class born which exploited trade and Industry in order to become richer and richer. This situation was justified by their beliefs in Puritanism. On the other hand,  workmen had great diseases in their way of living as a matter of fact they lose their rights.