How was industrialization transforming the American economy as well as altering social classes and functions?

Industrialization transformed the American economy by shifting it from agrarian-based activities to manufacturing and factory production, leading to significant increases in productivity and economic output. This shift created a new working class, often characterized by long hours and low wages, while also enabling the rise of a wealthy industrial elite. As a result, social classes became more pronounced, with a growing divide between the affluent industrialists and the laboring poor, fundamentally altering societal structures and relationships. Additionally, urbanization accelerated as people moved to cities for factory jobs, reshaping social dynamics and lifestyles.