State and give a brief description of some of the benefits or developments that out of the Industrial Revolution

Employment prospects grew as a result of the Industrial Revolution. Earnings in industries were higher than those earned by farmers. As factories became more common, more managers and staff were needed to run them, increasing the number of positions available and overall earnings.

Explanation:

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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