The industrial revolution not only improved productivity, but also completed the transformation of western society from an agricultural society to an industrial society. At the same time, it has changed the economic geography and population structure, promoted the emergence of many emerging cities (such as Edinburgh) and accelerated the process of urbanization. I think the CPI has dropped, and the capital flow has accelerated. The industrial revolution also promoted the development of science education, forced the construction of legal system, produced academic papers (such as Adam Smith's The Wealth of Nations) and decrees (such as the British Factory Law) aimed at protecting capitalism, and accelerated the democratization of western society, making the world a European world. At the end of the industrial revolution, the world entered modernization (into the electrical age), monopoly organizations were established, and major capitalist countries entered the stage of imperialism. Let the world change from an isolated, scattered and partial world to an interactive and integrated world.
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