Hello,
Here is your answer:
The proper answer to your question is "The industrial revolution was when there was a lot of inventions such as the cotton gin, and also the interchangeable parts. It had a huge impact on social and economic effects for social it made jobs and also got rid of jobs because all you need a certain amount of workers to run it. Economic it increases money for the business owners and decreases it for the workers.
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Hope this helps!