One significant impact of the technological advancements of the Industrial Revolution was the transformation of industries and labor practices. Innovations such as the steam engine, mechanized textile production, and the telegraph facilitated increased production efficiency and communication. This led to the rise of factories and urbanization, as people moved from rural areas to cities to work. Moreover, these advancements contributed to the development of a consumer economy, enhancing the availability of goods and improving overall standards of living. However, they also resulted in challenging working conditions and environmental changes, sparking debates about labor rights and industrial regulation.