Between 1760 and 1860, technological progress, education, and an increasing capital stock transformed England into the workshop of the world. The industrial revolution, as the transformation came to be called, caused a sustained rise in real income per person in England and, as its effects spread, the rest of the Western world. Historians agree that the industrial revolution was one of the most important events in history, marking the rapid transition to the modern age, but they disagree about various aspects of the event. Of all the disagreements, the oldest one is over how the industrial revolution affected ordinary people, usually called the working classes. One group, the pessimists, argues that the living standards of ordinary people fell. Another group, the optimists, believes that living standards rose.
A lot of people thinks that the industrial revolution was a disaster for the working classes. It led to a rise in the standard of living.
Real income per person grew at only about 0.3 percent per year, growth at such a slow rate made a deterioration in the lot of the working classes possible. Moreover, if we add the effects of unemployment, pollution, urban crowding, child labor, and other social ills, the modest rise in average income could well have been accompanied by a fall in the standard of living of the working classes. the industrial revolution was a big step in the economics of the world, that change all the thoughts that we already had to start a new way of economy, where workers had new rights, there was a different organization in the job, the payment was different and it changed all the way of life.
Workers conditions:
The worker's houses were usually near to the factories so that people could walk to work. They were built really quickly and cheaply. The houses were cheap, most had between 2-4 rooms - one or two rooms downstairs, and one or two rooms upstairs. Victorian families were big with 4 or 5 children. There was no running