Industrial Revolution and its Impact on the development of Nations
The Industrial Revolution was one of the major phases of historic globalization wherein there was an exponential widening, deepening, and speeding up of global inter-connectedness . The impact of the revolution was not merely economic in nature but conversed changes in culture, education, knowledge, the environment, and the balance of political power. Further, the impact of the Industrial Revolution was extremely long lasting, with several of these visible even today when the world is undergoing another phase of globalization.
Before the onset of the Industrial Revolution, the world was segregated on the basis of major trade routes that were ...