What was the industrial revolution?

The Industrial Revolution is a process of transition from an agrarian, manufactory economy to an economy dominated by industrial and mechanical production.

Explanation:

The Industrial Revolution is a process of transition from an agrarian, manufactory economy to an economy dominated by industrial and mechanical production. Among other technological innovations, the use of iron and steel, new energy sources, the invention of new machines that will increase production volume, and the development of a factory system and a significant shift in the field of transport and communications (including the steam engine and telegraph) were particularly significant. Major changes have also taken place in the field of agriculture; it shifted to a wider distribution of goods, and all this resulted in political changes that reflected a rebalancing of economic power and significant social change.

The Industrial Revolution began in the United Kingdom from 1760 to 1830, and then spread to Belgium and France. Other nations were late, but when Germany, the United States and Japan reached enviable industrial power, they far surpassed initial British results.

united kingdom

portugal

france

germany

less available tax revenue

this basically means that when they get money from taxes wirth having a lower gdp they get less then what others have with a higher gdp