There are two main approaches to industrialization. On the one hand, some scientists (for example, Hobsbawm [2]) treat it as a revolution. On the other, the term “industrial revolution” is criticized by other scientists (for example, Cameron and Neal [1]). Scientists also have doubt about main drivers of industrialization - while Hobsbawm point out cotton industry and colonial expansion (not scientific and technological superiority)[2], Cameron and Neal claim that technical innovation played a huge role in industrialization as a long term process [1]. The first and second industrializations have both similarities and differences. Let’s lookatitinmoredetail.