Although corporations initially served only limited purposes, the Industrial Revolution spurred their development. The corporation became the ideal way to run a large enterprise, combining centralized control and direction with moderate investments by a potentially unlimited number of people.What makes an industrial revolution?
In agriculture, the Industrial Revolution gave rise to an increased demand for crops, as the population expanded rapidly. New technologies, including tools, machinery, techniques and fertilizers developed quickly, increasing crop yields and agricultural productivity.Who brought industrial revolution to America?
The Industrial Revolution began in Great Britain and spread to the United States. Samuel Slater was an Englishman who illegally brought textile machine technology to the United States. A key development in the Industrial Revolution was the introduction of interchangeable parts by Eli Whitney.What industry pioneered the Industrial Revolution?
Textiles were the leading industry of the Industrial Revolution and mechanized factories, powered by a central water wheel or steam engine, were the new workplace. The Industrial Revolution was the transition to new manufacturing processes in the period from about 1760 to sometime between 1820 and 1840.