The Industrial Revolution led to wealth accumulation by factory owners, the emergence of a middle class and working class in European society, and a loss of political influence for the aristocrats amid suffrage extension to the middle class men.
Expansion of free enterprise economic during the Industrial Revolution led to an accumulation of wealth by factory owners. This period saw the rise of factory owners benefitting economically from the industrial boom.
One way European society changed due to the Industrial Revolution was the emergence of a middle class and a working class. This new social structure replaced the traditional feudal systems.
The group that began losing political influence with the extension of suffrage to middle class men in Great Britain during the Industrial Revolution were the Aristocrats. As power dynamics shifted, the aristocracy saw a decline in political power.
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