Question

Give three examples of significant innovations from the Industrial Revolution and how they contributed to economic growth. Also explain how innovations in general were important to the high standard of living we enjoy today.

Answer 1

examples of innovation from industrial revolution includes, flying shuttle which weaving made easy,the spinning jenny which increased wool meals productivity, the watt steam engine etc. first the flying shuttle replaced the labour hour needed to weave a clothe. it was efficient enough to double the output one weaver could make there by increasing labour productivity and by increasing output it helped in trading as well. the spinning jenny allowed workers to spin more wool at any one time.This largely  increased mills productivity and, alonge side  the Flying Shuttle, helped with  further industrialization of the textile industry in the United Kingdom and gradually all over the world. the watt steam engine is a blessing to the mankind as it was being used in many industries and was capable enough to  blew the older less efficient models of that time like the  Newcomen engine, out of the water.

innovation in general is very important because, new innovation makes the production process more efficient, cost effective and it also satifies all the consumer needs. so in our day to day life what ever we are using now, from a fan to the AC every thing has changed from the past because of new inovation, before the innovation of AC people were using fan for day to day life but after AC our life style has changed as AC is much more convinient than a fan and innovation has made our life more fancy and comfortable.