C. ECONOMIC, SOCIAL AND POLITICAL SIGNAFICANCE OF THE INDUSTRIAL REVOLUTION 1. Discuss the FOUR economic significance of the Industrial revolution. \( (4 \times 2=8) \) 2. Discuss the TWO social significance of the Industrial Revolution. \( (2 \times 2=4) \) 3. Name and discuss their contributions this two men did to improve the plight of the workers. \( (2+2=4) \) 4. Discuss TWO political significances of the Industrial revolution. \( (2 \times 2=4) \)
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The Industrial Revolution marked a transformative era, kickstarting unprecedented economic growth, with the introduction of machinery leading to mass production and reduced costs. It spearheaded the rise of new industries, especially textiles and coal mining, shrinking the agricultural workforce and promoting urbanization as job opportunities surged in cities. This shift facilitated a move towards capitalist economies, establishing a new economic landscape characterized by labor specialization and increased efficiency. Socially, the Industrial Revolution significantly altered the fabric of society. It brought about the rise of a new working class, often referred to as the proletariat, who played a crucial role in the economy but frequently faced harsh working conditions. Simultaneously, it enabled social mobility, allowing individuals to pursue upwardly mobile careers and break through traditional class barriers, albeit with struggles for labor rights and reforms as a backdrop. One prominent figure was Robert Owen, a social reformer who advocated for the rights of workers, establishing cooperative communities that promoted fair treatment and better working conditions. Another influential figure was Friedrich Engels, who co-authored “The Communist Manifesto” with Karl Marx, highlighting the exploitation of workers and calling for collective action against oppressive labor practices, thereby igniting movements for worker rights. Politically, the Industrial Revolution led to the push for reform movements as workers sought better rights and representation, culminating in the formation of labor unions and political parties. It also contributed to the rise of socialism as a political ideology, challenging the existing capitalist structures and advocating for systemic change to address inequality and exploitation in the workforce.
