A Watt steam engine-the steam engine, fuelled primarily by coal, propelled the Industrial Revolution in Great Britain and the world. It is a time of accelerated technological progress characterized by innovations whose rapid application and diffusion typically cause an abrupt change in society.ĭescription The Spinning Jenny and Spinning Mule (shown) greatly increased the productivity of thread manufacturing compared to the spinning wheel. An axe made of iron, dating from the Swedish Iron Age, found at Gotland, Sweden: Iron-as a new material-initiated a dramatic revolution in technology, economy, society, warfare and politics.Ī technological revolution is a period in which one or more technologies is replaced by another novel technology in a short amount of time.