How did the Industrial Revolution influence global trade?

Study for the Industrial Revolution Test. Study with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

The Industrial Revolution significantly expanded international trade networks by increasing the volume and variety of goods produced and enhancing transportation methods. As industries grew and productivity soared, there was a greater demand for raw materials from different parts of the world, leading to increased importation. This demand opened up new markets and trade companies, connecting countries that had previously not engaged in extensive trade.

Additionally, innovations during this period, such as the steam engine and improved ship design, made it easier and faster to transport goods across oceans and land, further facilitating international trade. The rise of industrial manufacturing made goods cheaper and more accessible, allowing for mass distribution and consumption on a global scale.

Overall, the Industrial Revolution fundamentally reshaped the patterns of trade and commerce, fostering a more interconnected world where goods could travel farther and faster than ever before.

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