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With the arrival of the Industrial Revolution, machines became the main source of power for manufacturing and transportation. These machines were mostly dependent on fossil fuels—oil and coal. The world’s economy shifted from an agrarian-based economy to an oil-based economy. Today many people believe the world needs to shift again from an oil-based economy to a clean-energy economy. Just as the move from an agrarian-based economy to an oil-based economy created a destabilizing effect on the poor and working class, how might the shift to a clean-energy economy affect today’s poor and working class? How will the shift affect less-developed nations in comparison to more-developed nations? With the arrival of the Industrial Revolution, machines became the main source of power for manufacturing and transportation. These machines were mostly dependent on fossil fuels—oil and coal. The world’s economy shifted from an agrarian-based economy to an oil-based economy. Today many people believe the world needs to shift again from an oil-based economy to a clean-energy economy. Just as the move from an agrarian-based economy to an oil-based economy created a destabilizing effect on the poor and working class, how might the shift to a clean-energy economy affect today’s poor and working class? How will the shift affect less-developed nations in comparison to more-developed nations?

As the industrial revolution took place the machines started to do the main work and the source of transport and manufacturing became easier. Hence the machines depended on fossil fuels and the world economy shifted from agrarian to mechanization.

As the more developed nations progresses more quickly the same so of revolution impacted the developing nations slowly.

This can be proved from the shift from the old system to modern service sectors economy and thus lead to the growth of the GDP and the markets.

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