Industrialisation  

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"Immanuel Wallerstein characterised the world system as a set of mechanisms, which redistributes surplus value from the periphery to the core. In his terminology, the core is the developed, industrialized part of the world, and the periphery is the "underdeveloped", typically raw materials-exporting, poor part of the world; the market being the means by which the core exploits the periphery." --Sholem Stein

A huge iron and glass building, The Crystal Palace was one of the wonders of, if not the world, Britain. A rebuilt and expanded version of the building that originally housed the Great Exhibition of 1851, it stood in Sydenham from 1854 until 1936, and attracted many thousands of visitors from all levels of society. The name "Crystal Palace" was coined by the satirical magazine Punch. Today, it symbolizes modern architecture, the rise of consumer culture and the start of industrial design.
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A huge iron and glass building, The Crystal Palace was one of the wonders of, if not the world, Britain. A rebuilt and expanded version of the building that originally housed the Great Exhibition of 1851, it stood in Sydenham from 1854 until 1936, and attracted many thousands of visitors from all levels of society. The name "Crystal Palace" was coined by the satirical magazine Punch. Today, it symbolizes modern architecture, the rise of consumer culture and the start of industrial design.

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Industrialisation or industrialization is the period of social and economic change that transforms a human group from an agrarian society into an industrial society, involving the extensive re-organisation of an economy for the purpose of manufacturing.

As industrial workers' incomes rise, markets for consumer goods and services of all kinds tend to expand and provide a further stimulus to industrial investment and economic growth.

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