1. The industry had made the U.S. the richest nation in the world at this time.
2. The effects of industrialization included a significant population growth, the urbanization or expansion of the cities, improved access to food, a growing demand for raw materials and the development of new social classes formed by capitalists, a working class, and eventually a middle class.
3. Domestic System. The method of production in which work is done in homes rather than in a shop or factory
4. The industrial and economic developments of the Industrial Revolution brought significant social changes.
5. The Industrial Revolution resulted in greater production of goods, higher living standards, healthier populations, and modern civilization.
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