How did the Industrial Revolution affect the scale of businesses and overall economic activity?

Global trade helped the scale of business grow, but also provoked both recessions and positive growth in the economy. Global trade put the newly industrialized Western Hemisphere into international markets. This subsequently caused a recession, a period of economic decay, or negative growth. Capital-intensive industries , rapid price declines, and underconsumption of manufactured goods were the three main reasons of a large, long-lasting recession in the 1870's. To grow businesses, which many did grow during the industrial era, businesses had to buy more machines, than hire more workers. This led to the need for investors, stocks, and limited liability, which helped businesses with investments in growing their companies, reating boosts in economies, especially after the recession of the 1870's.

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