The Industrial Revolution happened because of the abundance of raw materials. Through industrialization, new products and markets were created. These products needed to be exchanged throughout the world. Therefore, the global trade market expanded. New products that were made of American materials were constructed in Europe, and then were traded to Asia. This shows the globalization that occurred as a result of industrialization.
A consequence of this globalization was imperialism. New global trade networks allowed Europeans to colonize the rest of the world. This was evident in Africa, East Asia, and India. Overall, industrialization led to an unprecedented increase in the global economy as a whole because of all the new resources, trade routes, and products.
Source:
"[Regents Prep Global History] Movement of People & Goods: Industrial Revolution." [Regents Prep Global History] Movement of People & Goods: Industrial Revolution. N.p., n.d. Web. 14 Mar. 2014
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