The Industrial Revolution marked a pivotal shift from an agriculture-based economy to one dominated by industry. This transition was critical for economic growth, as it altered the economic landscape and social fabric of the United States.
Many people moved from rural areas to urban centers in search of higher wages and better employment opportunities in factories. This urban migration was driven by the allure of stable factory jobs with regular income, contrasting with the unpredictability of farming incomes.
- Employment Changes: The demand for labor in factories increased, offering more jobs and higher wages to the population.
- Economic Diversification: With more people employed in diverse industries, the economy became less reliant on agriculture, reducing vulnerability to agricultural failures.
This shift not only increased productivity and economic growth but also played a fundamental role in the nation’s path towards modernization.