The past and present impact of the industrial and information revolution

But even in its crude earliest versions, e-commerce already altered conceptions of business strategy and relationships, and on the consumer side e-commerce overhauled customer expectations of speed and convenience, pushing the field of business competition to new grounds.

It started in the mids in Great Britain when machinery began to replace manual labor. Some trends, including the ongoing impact of the French Revolution, ran through virtually the entire 19th century.

Eastern and southern Europe, more rural at the outset of the period, changed more slowly and in somewhat different ways. Following this breakthrough, computers came to constitute the central infrastructure of everything from office telephone networks to transportation control systems to industrial production facilities, setting the stage for further information-breakthroughs once the vastly enhanced communication powers of the Internet were unleashed.

This period was marked by heavy government investment in new technologies, particularly those of use by the military for the war effort. This revolution was not a political one, but it would lead to many implications later in its existance.

For example, the economic boom of the s saw annual growth rates in the United States leap above 3 percent for the first time in decades, simultaneously keeping inflation in check and generating healthy profits for continued investment. Fukuyama pursues this argument to its conclusion, insisting that private companies would increasingly assume many of the duties previously performed by governments.

For instance, according to Castells, proponents looking to information technologies as the preeminent tool for development and democratization around the world misjudge both the severity of current poverty and disenfranchisement and the likely effects that rapid IT-led globalization would have on those peoples.

Castells argued that as powerful new information technologies are grafted onto and reshape the existing economic order, their development will produce not only vast new concentrations of wealth, but rising inequality, social exclusion, and psychological bewilderment on a global scale.

The French Revolution was in the process at the turn of the 19th century. The creation of the information superhighway, for instance, could conceivably have effects on demographics as dramatic as— but very different in character from—those caused by the Industrial Revolution.

In the information economy, work is much more flexible, favoring more fluid schedules and multitasking, in which workers are expected to perform several jobs more or less simultaneously and respond to immediate demands as they arise rather than coordinate their work solely by the clock.

While coal and other fossil fuels were taken for granted as being inexhaustible, it was American geophysicist M. What are the comparative features and effects of the Information Revolution and the Industrial Revolution?

Changes such as the Industrial Revolution and political liberalization spread first and fastest in western Europe—Britain, France, the Low CountriesScandinavia, and, to an extent, Germany and Italy. Fossil fuels replaced wind, water and wood, used primarily for the manufacture of textiles and the development of iron making processes.

In Great Britian, the industrial revolution started with the mechanisation of the textile industries, the development of iron-making techniques and the increased use of refined coal.

Innovations—be they new products, industrial processes, communications, or transportations—generally proved a boon to certain economic sectors into which investment capital flowed. Some got sick and died because of the toxic fumes, while others were severely injured and sometimes killed working at the dangerous machines in factories.The Information Revolution and the Industrial Revolution: Today’s Egypt in the Shadow of the Past – A Note By Nagla Rizk The American University in Cairo Email: [email protected] JEL Classifications: O1, O33, O53, N7 Key Words: Human Development, Information Technology, Egypt “ [T]he transport system provided channels to the remotest villages, but the water that might.

Sep 18,  · The Industrial Revolution dramatically changed every aspect of human life and lifestyles. The impact on the world’s psyche would not begin to register until the early s, some years after its beginnings.

The industrial revolution was the time where the world shifted from the old manual laboring ways of the past, to the new factory and machinery age we live in today. NET EFFECTS: The Past, Present, and Future Impact of Our Networks We are presently living a new network revolution that promises a similar impact on the history we leave behind.

The railroad fed the Industrial Revolution that pulled people from independent, self-sufficient agrarian lifestyles into a melting pot of workers harnessed to.

How does the digital revolution compare to the industrial revolution? Update Cancel. author of 22 books. (present) The Digital Revolution has not undone the impact of the Industrial Revolution nor has it outdone the fundamental changes wrought by Industrial Revolution.

The Digital Revolution is still quite new - if through it we. Mar 14,  · The American Revolution was occuring in the beginning part of the Industrial Revolution. The French Revolution was in the process at the turn of the 19th century. This was a great time, but resulted in newly found democratic rights that spread through Europe and North America.

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The past and present impact of the industrial and information revolution
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