During the Industrial Revolution, the term "technology" referred to what factor other than the physical inventions created during that time? ideas of how to use new inventions

finances used to pay for new inventions

laws that protected new inventions

profits made from new inventions

The term Industrial Revolution, like similar historical concepts, is more convenient than precise. It is convenient because history requires division into periods for purposes of understanding and instruction and because there were sufficient innovations at the turn of the 18th and 19th centuries to justify the choice of this as one of the periods. The term is imprecise, however, because the Industrial Revolution has no clearly defined beginning or end. Moreover, it is misleading if it carries the implication of a once-for-all change from a “preindustrial” to a “postindustrial” society, because, as has been seen, the events of the traditional Industrial Revolution had been well prepared in a mounting tempo of industrial, commercial, and technological activity from about 1000 CE and led into a continuing acceleration of the processes of industrialization that is still proceeding in our own time. The term Industrial Revolution must thus be employed with some care. It is used below to describe an extraordinary quickening in the rate of growth and change and, more particularly, to describe the first 150 years of this period of time, as it will be convenient to pursue the developments of the 20th century separately.

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