The industrial revolution was a major change in our economy and was the birthplace for many new technologies. It affected the way people settled- many moved to cities- and the way they worked. The revolution made the farmer very efficient and very productive, resulting in an excess number of agricultural workers. With the new technologies the amounts of food being produced were larger than ever before, allowing people to leave their farms and move elsewhere.
WHY DO WE CARE:.
With the revolution came new technologies, and with them came land freedom. People were now free to move to the cities, because they were no longer needed at the farms. Factories greatly expanded and with them CITIES GREW. .
2. The capitalist revolution is the changed in our money system. It changed the way we raised money for investment, as well as the way we invested that money, here commercial banks became popular as a form of financing. In the labor revolution, with the new technologies, new jobs were formed where the "employer" was given life; the jobs were divided into many different categories where mass labor [cheap labor] was put to use. .
WHY DO WE CARE: .
With the new found trust in banks and many new forms of investment capital grew, as so did the wealth of the cities, through the labor revolution more people were able to work and make money, with the mass labor in effect people did not need to posses massive skills to get a job. .
3. Democratic-federal-republic are the three principles of our constitutional governance. Democratic- is popular and current [positions are acquired through popularity], where the people can hold the government responsible with free competitive elections, where the ballots are secret.
Federal- this is a division of labor and a variety of functions among and between different of sovereign levels of government.
Republic- non-popular non-hereditary, the republican sector is pro individual and pro minority.