Question

What key social and economic changes did Industrialization bring about, both for the better and for the worse?

Answer 1

The social and economic changes brought by Industrialization

• Industrialization had both positive as well as the negative impact economically and socially.

• It improved the standard of living of people. On the other hand, some of the workers were removed from their traditional work and found industrial work dangerous.

• Lower and middle class workers benefited with the 'increased standard of living'.

• The economy became stable as the crops production increased and led to a rise in GDP (gross domestic product).

• Some of the negative impact of this industrialization was the harm that it caused to environment.

• It contributed to rise in greenhouse gases, pollution and global warming.