1. Globalization and the Industrial Revolution
This historical event, which took place from the eighteenth to the nineteenth century, shifted agricultural, rural societies to industrial, urban societies in Europe and North America. Before the Industrial Revolution, which began in Britain in the late eighteenth century, economies were based on agricultural production and handicrafts, using hand tools and basic machines. ... As production shifted from handicraft to mechanized work, capitalist accessed financing in order to purchase machinery and factories because machines produced goods quicker and cheaper than individual crafts persons. ......
- Word Count: 1625
- Approx Pages: 7
- Has Bibliography
- Grade Level: Graduate