Industrial Revolution in Podcasts
eventMajor British history period characterized by rapid industrialization and mechanization.
Mentions Over Time
Mentions in Podcasts
So whenever we discuss how does technology affect living standards and affect wages, most economists' minds will immediately go back to what happened in the Industrial Revolution because this is probably the biggest example in human history of rapid
So for those who don't know, the Industrial Revolution is a period in particularly British history, but also world history, where basically we, I say we, people at the time, but it was largely focused in Britain, invented a lot of new ways to make things that were more efficient.