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In terms of social structure, the Industrial Revolution witnessed the triumph of a middle class of industrialists and businessmen over a landed class of nobility and gentry. Ordinary working people found increased opportunities for employment in mills and factories, but these were often under strict working conditions with long hours of labour ...
The effect of industrialisation shown by rising income levels in the 19th century, including gross national product at purchasing power parity per capita between 1750 and 1900 in 1990 U.S. dollars for the First World, including Western Europe, United States, Canada and Japan, and Third World nations of Europe, Southern Asia, Africa, and Latin America [1] The effect of industrialisation is also ...
Various technological revolutions have been defined as successors of the original Industrial Revolution. The sequence includes: The first Industrial Revolution; The Second Industrial Revolution, also known as the Technological Revolution; The Third Industrial Revolution, better known as the Digital Revolution; The Fourth Industrial Revolution
The Industrial Revolution altered the U.S. economy and set the stage for the United States to dominate technological change and growth in the Second Industrial Revolution and the Gilded Age. [28] The Industrial Revolution also saw a decrease in labor shortages which had characterized the U.S. economy through its early years. [29]
The phrase Fourth Industrial Revolution was first introduced by Klaus Schwab, the executive chairman of the World Economic Forum, in a 2015 article in Foreign Affairs. [13] Following the publication of the article, the theme of the World Economic Forum Annual Meeting 2016 in Davos-Klosters, Switzerland was "Mastering the Fourth Industrial ...
The Industrial Revolution spread southwards and eastwards from its origins in Northwest Europe. After the Convention of Kanagawa issued by Commodore Matthew C. Perry forced Japan to open the ports of Shimoda and Hakodate to American trade, the Japanese government realised that drastic reforms were necessary to stave off Western influence.
The basic picture painted of the pre–Industrial Revolution is that the Industrial Revolution was the result of a surplus of money and crops, which led to the development of new technology. The 1500s (16th century) saw the revolution of print, which boosted education and knowledge sharing among locations, and which was an automation-revolution ...
The word was limited then to mean the revolving motion of celestial bodies. "Revolution" in the sense of abrupt change in a social order was first recorded in the mid-15th century. [6] [7] By 1688, the political meaning of the word was familiar enough that the replacement of James II with William III was termed the "Glorious Revolution". [8]