The industrial revolution shaped the way entrepreneurs think today, before this there was really no innovation and there was not a race to see who could innovate the most or bring out the best product.  In America the industrial revolution created today’s large cities by turning agricultural areas into large industrial areas that began thriving because of the innovation that all of these new entrepreneurs were bringing into these areas.  It was the small technological advances like the cotton gin, the spinning jenny and the power loom that really showed how much room the world had for improvement and people began to see that this type of innovation could be applied to all markets and that set the race that we call the industrial revolution.  Most of what came out of the industrial revolution was positive, like the increase of wealth everywhere, the creation of jobs and the improvement in the standard of living, but it also brought negatives like monopolization, and social classes that people are categorized in even today by the money they make, which has turned a lot of people against eachother.