During the period from the early 18th century to the mid-19th century, people experienced many changes that impacted their lives, such as technical progress, development transport, trade, better organization of production or new financial structures. All of these results happened spontaneously and were not planned. The economy was undergoing rapid change and offered many opportunities for people to gain wealth and social advancement. Almost every aspect of people's lives has been affected in some way. This essay would like to argue that there were many innovations during this era; however, the biggest changes people went through were industrialization and trade. Industrialization stopped manual labor and gave way to machine-based production. This major change was closely associated with new rules for workers who had to adapt to the new system. Furthermore, free trade became a phenomenon that brought profit and provided employment opportunities to domestic workers. Industrialization was one of the major aspects during the Industrial Revolution. It brought changes in the organization of production, in managerial supervision and also in the relationship between employer and employee. The old relationship between the owner and his worker has disappeared because hundreds of workers are now employed in the company. Since industrialization was new to everyone, there were no skilled workers. Therefore everyone could learn and start working. Men, women, and children were expected to work, so the Industrial Revolution created job opportunities for all family members. In the beginning the biggest conflict was between the worker and the innovations. Managers sought to innovate or automate their factories. However, new technologies cause half the paper in use today. The second innovation examined in this essay was the importance of trade which led to changes in trade between countries. It allowed for specialization and increased production. More people were needed to produce goods for foreign markets which prevented unemployment. Furthermore, it generated cooperation between nations which led to overall development, so the entire economy grew. Ultimately, the Industrial Revolution changed the way we live and ushered in a new modern era of business, competition, and new technologies. Works Cited Deane, Phyllis. The first industrial revolution. Second ed. Cambridge Eng.: University, 1979. Print.Mathias, Peter and John Anthony. Davis., ed. The first industrial revolutions. Oxford, UK: B. Blackwell, 1990. Print.Meier, GM Leading Issues in Economic Development. New York: Oxford UP, 1976. Print.