Industrialization in general terms means technological innovations that represent an alternative way of using a machine for human skills. During 1871, much progress occurred in the economy and it grew at a stagnant rate. Industries began to grow and industrialization focused more on steel, machine tools and chemicals. Inventions and rapid developments occurred in the fields of railroads, steamships, electrical generation, and transportation. Some of the reasons for the success of industrialization were its reliance on mass production, low-cost manufacturing, and efficient manufacturing. Furthermore, industrialization has proven to be beneficial to every single citizen in various forms. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get Original Essay In 1870 Europe was still under the United Kingdom as Britain was its industrial leader, although other parts of the European nations were rapidly closing the gap. Continental Europe includes all states excluding all islands. Industrialization had taken place between the period of 1871 and 1914 in many parts of Europe such as Germany, Belgium and France. The growth of industrialization occurred when there was a rise in liberalism and when internal markets were created. After 1815, continental European nations had some advantages due to the development of industrialization: British counterparts were used as an idea for continental capitalists so that they would not suffer the slow development that was happening in Britain and also that they would not have to undergo the trial and error method. Thanks to the development of industrialization, it was easy for the nations of continental Europe to survive and adapt to market changes. Germany transformed into a technological and industrial empire, and its per capita income was even higher than that of France between 1870 and 1917, and then began to grow rapidly. Due to the war between Prussia, France and Austria, Germany was unable to grow much before 1870. Furthermore, in 1871 Germany united and a new confederation was formed. During that period the economy began to prosper and there was an increase in population and industrialization also began to grow after 1871. However, the increase in wages of industrial sector employees also occurred during that period. . There was a greater production dimension in manufacturing due to labor productivity which had increased by 1.5% every year. Furthermore, with the start of railway investments, the economic boom began with an annual growth rate of 4.6% in the period 1870-1874. Especially in 1870, the railway fare had traveled 1500 kilometers when it reached its highest peak in 1870. 1874 but subsequently declined in the following year. Until 1880 the net domestic product remained at the same level and subsequently increased at an average rate of 2.5%. Furthermore, investment in industry in the period between 1870 and 1875 was 10.6%, while in the 1880s it was much higher at 41.4%. As there was an increase in exports, the country began to recover. From 1907 to 1913 German exports exceeded French ones by 60%. Coal, sugar, potatoes, and steel were the most important exports during the 1890s. As the money supply had increased rapidly, there was a decline in interest rates. From 1892 to 1913 the net domestic product rose to 3.3%. The maximum economic prosperity therefore occurred between 1896 and 1899,.