Final answer:
The Industrial Revolution began in Great Britain and focused on resources and proximity to labor and transportation, whereas today's manufacturing considers global economic conditions, access to technology, and market proximity. Early US manufacturing primarily influenced its own and nearby economies, now it affects global trade and workforce dynamics.
Step-by-step explanation:
The Industrial Revolution serves as one of the most significant periods in industrial history, with its inception in Great Britain during the late 1700s, catalyzing a major shift from agrarian economies to those driven by machine-manufacturing. The early phase of industrialization was characterized by the situation where producers chose locations close to resources like coal and water power, as well as the site factors including the availability of laborers and proximity to transportation networks such as rivers and canals.
In contrast, today's industrial production is influenced by a more global economic situation, where factors such as sophisticated supply chains, access to technology, an educated workforce, and proximity to consumers play a critical role. Modern producers must also consider a range of inputs, including capital, innovation, energy, labor, and market access. Company sites are now often chosen for their logistical advantages, cost-effective labor, favorable legal environments, and access to global markets, which is a clear shift from the primarily resource-based criteria of the past.
The evolution reflects the complexities of the current world economy, wherein manufacturing can influence people globally, with US manufacturing having set an example of mass production, influencing global trade patterns and workforce dynamics differently compared to the more localized impact it had during the early stages of industrialization.