The Fourth Industrial Revolution

By 1890, the richest 1 percent of Americans received the same total income as the bottom half of the population and owned more property than the remaining 99 percent. Many of the wealthiest Americans consciously pursued an aristocratic lifestyle, building palatial homes, attending exclusive social clubs, schools, and colleges, holding fancy-dress balls, and marrying into each other’s families. One of the era’s most widely publicized spectacles was an elaborate costume ball organized in 1897 by Mrs. Bradley Martin, the daughter of a New York railroad financier. The theme was the royal court of pre revolutionary France. The Waldorf-Astoria Hotel was decorated to look

The Industrial Revolution is a huge event in American History. It enhanced America's economy through creating more jobs and more inventions being created. From the manufacturing of steel to the Transcontinental Railroad, the Industrial Revolution made so many things much easier. The Industrial Revolution is a broad subject within a long era. In this essay, you will find out some of the important manufactured goods and inventions that helped the economy.

Times of hardship and change transpired remorefully greater during the late 1700’s and early 1800’s for Americans. A period at which rapid growth and fundamental changes occurred in agriculture, textile and metal manufacture, and transportation. The Industrial Revolution changed people’s way of life at which new machinery, transportation, and technology was developed. Those inventions were too advanced for workers who worked in the factories to keep up with so they had to quickly advance in their abilities. It began in England and expanded to the United States at which the supply was not meeting the demand so creating new inventions was ideal and constructed a higher supply for a greater demand for a cheaper price. John Kay in 1733 decided to invent and patent a machine that worked off of electricity that made fabric making faster and easier. He was a great inventor who changed the world by manufacturing clothing that is still in effect today and impacted the 21st century. According to Robert Edgar author of Pearson World History Past and Present textbook “,Their machines and the new power sources expanded productivity and transformed society in ways never before imagined”. As the demand was outweighing the supply, manufactures were required to generate more and meet society’s demands, which caused factories to be very diligent. The idea was off from there and traveled to the United States where it was distributed became a remarkable point in History known as The Industrial

The industrial revolution definitely shaped how the world and how businesses today work and operate. It started at first by showing new uses for things previously thought to only have one use or be practically useless - such as oil, coal, and iron - then quickly moved on to create things that most people today couldn’t live without. Before that age, companies worked at a snail’s pace, for they depended on human workers and couldn’t mass produce any of their products. After a while, businesses began thriving due to advancements in mass production and efficiency of machine workers. However, these businesses began practices that were simply ruthless, and these are the exact practices that have shaped how America handles large-scale companies today.

America has been expanding and growing since its birth out of Great Britain. The Industrial Revolution has been an influence in the American life since it first in the 1700s. “Most families did not have enough to sell at the market- they had just enough for their own needs.” Up until the factories started booming and employment rates skyrocketed, people really couldn’t become wealthy and live a decent life. As the ways of farming grew the English at the time began to use up more and more land efficiently. “Unusable swamplands could be drained and used for crops.” That’s absolutely amazing that in this era they could turn swamps into areas to raise more crops so they can naturally make more money at the markets and become a bit wealthier. Farming is one of the most important lively hoods of mankind; no matter what argument anyone tries to make. If we didn’t have farming and agricultural production we wouldn’t have all the different sorts of food products we do, nor would they be as abundant. Life would be like it was before the Industrial Revolution came about and most of us would still be growing our own food and barely scraping by in life. With all this agricultural expansion of the time population in England start expanding drastically as well. Thanks to population growth people started to worry more about new inventions and producing stuff for us to make our day to day lives easier than we could have ever before. With all the technological advancements leading up to

The Industrial Revolution set people away from farms and small villages and moved them to cities and towns because of the job opportunities that arose in the cities. The Industrial Revolution not only helped people move along in the late 1700s and early 1800s but also it has made the people what they are today. During the Industrial Revolution, the movement from an agrarian society to an industrial one reshaped the roles of families, widen the gap between classes, and led to the developments in communication, transportation, and other scientific fields that completely changed humanity.

Nobel Prize laureate and economist Robert Emerson Lucas wrote in regards to the Industrial revolution: "For the first time in history, the living standards of the masses of ordinary people have begun to undergo sustained growth. The novelty of the discovery that a human society has this potential for generating sustained improvement in the material aspects of the lives of all its members, not just the ruling elite, cannot be overstressed.” (Lucas 2002). The revolution itself was centred in Britain before spreading to the rest of Europe and America, and is most commonly placed within a general time period of the 18th to 19th century, though it is commonly accepted that it begun in approximately 1760 AD, and ended in 1830 AD (Ashton 1997).

Think about your life for one second: you communicate with people, travel, make purchases, and utilize those commodities. But have you ever wondered what made those things possible? After all, you go to the store to buy things you need. You drive a car to work and to visit your friends. If you need to talk to someone, you simply pick up your phone or computer. However, none of this would be possible without a means of communication, factories to manufacture the products you need, places to work, and ways to travel and transport goods. And what made these possible? The answer is the Industrial Revolution, which started in Europe around the year 1730. A revolution is a major change or turning point in something. The Industrial Revolution

Based on what can be gathered by the documentary, the Fourth Industrial Revolution is more focused on the proliferation of current technologies and the restructuring of the social canvas. In addition, there seems to be an undeniable focus on bio-enhancements, like renewable energy resources. The effort is admirable when it comes to braking the established barriers and setting goals beyond expectations to better the quality of human life.

There are two major industrializations that have occurred through out history, both which began in England. The Industrial Revolution was from 1750 until 1800. The first and second industrialization were filled with many inventions, new societal ideas, new raw materials, new sources of power, also new ideas and societal implements were made enabling the world and society to evolve. Overall these industrialization was filled with death, neglect, and disease but ended up changing the world forever with creating a new economic life, altered social relations, and a change in power; therefore one is able to agree that “Short term misery, long term gain” would be an adequate representation to this time period.

The enthralling use of technology has opened millions of individuals to systems of production that are not only faster, but cheaper and more accessible. Modern day technology takes it’s roots in both Industrial Revolutions which created new means of transportation, labor, and cities. The Industrial Revolutions were periods of time where factories and technologies became increasing popular and more demanded for manufacturing products and merchandise. Although there are setbacks with the topic of industrialization, as with any other topic, the benefits of the periods benefit us until this day.

New technologies were developed because there was a need for better products and services. In Neolithic times, tools and weapons were fashioned to protect this new way of life. Farmers developed a crude calendar to help with planting and harvesting. Metal tools, such as plows, were created and often may have been pulled by horses for planting. Metal weapons were designed to help protect their valuable reserves. The Industrial Revolution continued to flourish and so did businesses. Business owners needed a way to finance expansion within their companies.

The Industrial Revolution was the quintessence of capitalistic ideals; it bred controversy that led to Karl Marx’s idea of communism as a massive grass roots reaction to the revolution’s social abuses. Firstly, the Industrial Revolution featured the construction of machines, systems and factories that allowed goods to be manufactured at a faster rate with a lower cost. The seed drill made it so there could be “a semi-automated, controlled distribution and plantation of wheat seed”(Jones 2013). Secondly, there was a great social and economic divide between the wealthy owners and the poor workers, which gave rise to the mass’s vulnerability to the advent of extreme socialism. Figures of authority severely oppressed their employees by giving them insufficient pay, a treacherous work environment, and even making some children work more than 12 hours per day (Cranny 150). Finally, far right capitalism created a brutal boom and bust cycle of economics that made, for the multitude at the bottom, a perpetual nightmare of poverty and death. People responded to this social situation by taking part in violent protests; oppression sires rebellion. The Industrial Revolution was the chassis of great imagination and progress of political, economic, and social force that still affects this world today.

We are standing at the precipice of what some call the 4th Industrial Revolution. The 4th Industrial Revolution is being described as a technological revolution that will fundamentally alter the way we live, work, and relate to one another. We are rapidly moving to an era where billions of people will be connected by mobile devices with unprecedented processing power and storage capacity. Our access to knowledge will be unlimited.

The concept of the internet of things abbreviated as IoT was introduced as early as the late 90’s by Kevin Ashton, the Executive Director of Auto-ID Labs and a professor at Massachusetts Institute of Technology. Now, “the Internet of things is already a disruptive technology capable of determining fundamental changes that are happening in everyday life, and it is considered the fourth industrial revolution.” (Hucanu) The Internet of Things (IoT)