The industrial revolution, a nearly century long progression, brought forth unprecedented and unheard of technological, sociological and economical changes throughout Europe and the civilized world. It's feasible to say that laissez faire economic thinking is the forefather and beginning of the industrial revolution. Laissez faire economics embraced free trade, advocated private enterprise and was a direct contradiction to the centuries of aristocratic domination of trade. It opened up a whole new world, the birth of import/export trade was seen and the middle class man now becomes the dominant force in economics. There are other countless factors which lead to the birth of the industrial revolution including an explosive population increase, dependent colonies in resource rich lands, an ever increasing market for the production of manufactured goods, and the shift from an agricultural dominated economy to a more industrial based society.…
