Hi there,
Advantages :
The industrial revolution has made the nations more productive than ever before. In the other hand, as the productivity increased it provides cheaper goods to people that were sold at high prices before, so the economy grews. And some products that were develop help people to make their life easier.
Eventually, as the machines work that give to people more free time.
Disavantages :
- appaling working conditions for people
- environmental degradation
Hope this helps !
Photon