Atlantic Slave Trade and the Industrial Revolution

From what I understand, the slave trade was when people were taken from Africa and forced to work for people in America. Slaves were brutally taken from their homeland, shipped on a filthy boat which they were packed into like sardines, then sold to plantation owners. The conditions on the slave vessels were awful, the slaves were abused, and many died on the long journey. At the plantation, they were forced to work for the rest of their lives. This brought in an extreme profit for wealthy land owners in a growing America, but it completely disregarded the rights that these slaves had as human beings.

I honestly have no recollection of the industrial revolution. I think (although I might be confusing myself) that it was the revolution of factories and machines that make work a lot easier and more proficient. This allowed people to make much more money and much faster. I'm wondering, first of all, if I'm actually right. If I am, I would like to know what kind of advances came out of this period and how giant of an impact it had on the common working man.