...The Industrial Revolution began in the second half of 18th century and had an everlasting effect on Europe, and the rest of the world. It caused major changes in agriculture, manufacturing, mining, transport and technology. Eventually, socioeconomic and cultural conditions began to change in Britain, which then spread throughout Europe, then eventually the world. These changes made Europe and the rest of the world more modern. Proof of this can be seen in more efficient trade & transport and mass production that were a product of Industrial Revolution. This essay will seek to demonstrate the most significant effect these two components had on modernity and how they shaped Europe, and the rest of the world. The time period covered by the Industrial Revolution varies according to Historians, but according to Eric Hobsbawm, it started in Britain in the 1780s and fulfilled its potential in the 1830s or 1840. Some important effects of these two components comprise of, but are not limited to include: technological and chemical innovations, improved trade, transportation and increase in wealth etc. Almost all aspects of daily life were influenced in some way by the Industrial Revolution; hence it marks a major turning point in human history. Industrial Revolution was an achievement of sustained economic growth that began the industrialization of the European economy. Growth did not reach a plateau in Britain as it did in other countries in Europe. Depressions and recessions...
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...system of the state. Every system has important objectives or goals to deliver heath care to its people. First and foremost goal is accessibility of health care to every individual of the state equally with stated standards with respect to its quality. Another major goal is to be cost effective system for the people of the state. Below listed are important components which are important for health care to function. Finance: People purchasing health protection plans or paying for the health care facilities deliver the required finance to the system for delivering smoothly to people of state. Health Care Services: Providing health care services...
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...Herrmann, M. 05/07/2012 A. Two of the Most Significant Social Consequences of the Industrial Revolution The Industrial Revolution had a dramatic impact on social systems and not all were positive. However, two of the enduring and positive social consequences of the Industrial Revolution for the common man were the overall improvement in the standard of living and the advancement of education. With the exception of Russia in the nineteenth century, major countries which experienced an Industrial Revolution also experienced a dramatic growth in the middle class. Prior to the dawn of the Industrial Revolution, most countries had a small ruling class with the majority of the population made up of serfs or peasants. The development of a middle class comprised of merchants, traders, investors and artisans had begun in the Middle-Ages, but was limited to a small minority. Poverty was the experience of the masses, and still is the standard for the majority of people in underdeveloped nations. The mechanization and automation of tasks that had formerly been labor intensive, increased production of goods and provided a broader choice of employment opportunities. These new employment opportunities for unskilled or uneducated workers provided a higher income than had previously been available to them in an agrarian society and eventually created a broader stratus between the upper and lower classes. Industrialization gave rise to a growing middle class with more disposable...
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...The wealth of a nation is the total value of wealth possessed by the citizens which is generated by the economic activity. The wealth of a nation can be estimated by three major components namely Natural Capital (Resources), Produced Assets (stock) and Human Resources (labour forces). In the olden times the amount of natural resources was considered to be the wealth of a nation but with the advent of the Industrial Revolution it marked a major turning point in history as it began in Great Britain, and spread to Western Europe and North America within a few decades. This start and end of the Industrial Revolution accelerated the pace of economic and social changes. GDP per capita was broadly stable before the Industrial Revolution but with...
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...Research problem: Background: With the overwhelming successes of the Green and White Revolutions, India is now fervently poised for the Food Revolution that will ensure agricultural diversification and large investments in food processing (F&B News, 2011). In addition, due to the structural change in Indian economy, multinational investors are now flowing into India (F&B News, 2011). Thus, at the moment there is a rising need of ensuring food security which include the availability and accessing of food. Specifically, the ice cream industry is estimated to occupy Rs. 22 billion (US $500 million) of the whole food industry 4.66 trillion (US $105 billion). Even though the growth rate of ice cream industry in India is 12% since 2001, which is considered low compared to other countries, it is still an up-wards sloping growth rate. Firstly, it is because of the long and extremely hot weather in India. Secondly, the middle class in India is emerging and therefore a mean of booming purchasing power. Ice cream industry in India is divided into branded and unbranded sectors in which branded sector occupies 72% (Muralidharan, 2009). Specifically, In 2008-09, in the branded ice cream market, Amul held the number one spot, with a market share or 38%, followed by Kwality Walls at 14%, Vadilal at 12% and Mother Diary at 8% (Muralidharan, 2009). Mumbai, previously named Bombay, is the major metropolitan city of India. It is India’s business capital. Mumbai is India’s largest...
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...The overall goal of ASDSP is to support the transformation of Kenya’s agriculture sector into an innovative, commercially oriented, competitive and modern industry that contributes to poverty reduction, improved food and nutrition security in rural and urban Kenya as a result of improved production and productivity in the rural smallholder farm and off-farm sectors through the value chain approach. The ASDSP has three components, namely: Component 1: Sector wide Coordination. In this component, an inclusive institutional framework for implementing the ASDSP is initiated and coordination in the sector is supported. Component 2: Natural Resource Management. The component is designed to provide an enabling environment for the value chain component and at the same time build wider ecosystem resilience. Component 3: Value Chain Development. This component supports the commercialization and market orientation of the agricultural...
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...need more foreign exchange to purchase the imported components and machines required to keep up with the burgeoning watch production. But with India going through a foreign exchange crisis, there was no help coming in, forcing Titan to search for a business that would earn them the required foreign currency. The first precision engineered watch, Tanishq created with 103 diamonds and pure 18 carat gold. Indian-made jewellery was already a big foreign currency earner and being strongly supported by the central government, and also happened to be a very good fit with the watch business as articles of adornment.The best known brand names in both Europe and America had watches and jewellery together, offering further proof that the two industries are intrinsically linked. It was a business with a huge wealth potential and it added a very feminine offering to Tata’s long line of products that appealed mostly to the opposite gender. It also called for an organization that inspired trust and had high order design, manufacturing, marketing and retailing skills, and Tata fit the bill on all accounts. A revolution in Gold Purity Standards across the country. Tanishq was coined from a combination of Tata/Tamil Nadu and Nishq (meaning a necklace of gold coins) and, again, from Tan, meaning body and Ishq, meaning love. It was launched in 1994 as a range of jewellery and jewellery watches meant for the European & American markets. But things began to change globally around this time...
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...Effects of Information Revolution on the Environment Student Name: LAM Yan Tung (Tim) Student ID: 43369065 Class: Practical 10 Tutor: Shadi Class date: Tuesday 4pm Introduction The world has become a global village over the past one decade. This is attributed to the rapid development and expansion of technology, especially that which has to do with information. This rapid growth is no less than a revolution. Information revolution owes its existence and growth to the development of technology, which began with the invention of the computer and has seen the invention of communicative devices such as advanced computers, cellular phones, smart televisions, satellite dishes, radios, digital communications, microchips, tablets, I pads, just to mention but a few. These devises are vital in the creation of information as well as its transmission to millions of audiences all over the world. A single event such as a football match is transmitted to millions of fans in all the continents in real time, also giving fans a chance to interact and analyze the event, thanks to social media. Storage of information has become easy with this revolution, because these devices are equipped with a memory hence a user has the option of retrieving it whenever need arises. Management of information is also facilitated because these devices have the capability of sorting, tabulating and presenting information in a more simplified manner. Therefore, this revolution has the ability to shape all...
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...multinational corporation that started its activities in 1911. But its origins can be traced back to 1890, during the height of the Industrial Revolution. It was first known as the Computing-Recording Company, then in 1924, it took the name of International Business Machines. Nowadays, this multinational company is known as the « Big Blue ». IBM main activity is to find solutions to its wide range of clients using advanced information technology. Its clients are individual users, specialised businesses, and institutions such as government, science, defence, spatial and educational organisations. To meet and respond to its customers needs, IBM creates, develops and manufactures many of the world’s most advanced technologies, ranging from computer systems and software to networking systems, storage devices and microelectronics. Indeed, IBM has various product lines and services a few of which are: the Personal Computer that was first created in 1981, AS/400 business system, RS/6000 family of workstations and server systems, S/390 enterprise server, groundbreaking ThinkPad notebook computer; the award-winning IBM Netfinity and finally, PC Servers. It is an important supplier of hard disks, random access memories, and liquid crystal monitors. IBM has created the image “Solutions for a Little World”. Its products and components in other firm’s products are so widespread that people around the world associate the name IBM with computing functions. IBM is a global information...
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...Apple Computer Inc. Case Analysis Julianne Carrido, Sami Hakimeh, Kyle Hayes, Frankie Lau Thursday, May 31, 2006 Apple Computer Inc. is an American computer technology company. It leads the industry in innovation with its award-winning desktop and notebook computers, OS X operating system, iLife and its range of professional applications. Apple also spearheads the digital music revolution with its iPod portable music players and iTunes online music store. Apple played a major role in the introduction of the personal computer in the 1970s, which eventually kicked off the personal computer revolution. It’s first big hit, the Apple II, was introduced in 1977 and was a very popular with home consumers. Being the innovator that Apple is, it introduced the first graphical user interface (GUI) to the commercial personal computer. This technology is used on all of today’s major computer operating systems such as Windows XP as well as Unix-like systems. Since then, the company has revolutionized the way people and computer companies think about aesthetic design of computers and consumer electronics alike as well as the security and operability of the operating system. In addition, Apple’s unmatchable success with it’s iPod mp3 player and revolutionary iTunes music store has left many companies struggling to keep up with the new wave of giving consumers the simplicity they desire in technology. The recent announcement along with the release of new Apple computers using...
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...view ignores the value of technology (automation, accelerator of process, reduction of cost functions), and innovation (new products, services, processes, new markets, expands markets, diversification of markets, niche markets, increases revenue functions), especially that which produces intellectual property. A given economy is the result of a set of processes that involves its culture, values, education, technological evolution, history, social organization, political structure and legal systems, as well as its geography, natural resource endowment, and ecology, as main factors. These factors give context, content, and set the conditions and parameters in which an economy functions. The largest national economy in the Americas is the United States,[1] Germany in Europe,[2] Nigeria in Africa[3] and China in Asia.[4] A market-based economy is where goods and services are produced without obstruction or interference, and exchanged according to demand and supply between participants (economic agents) by barter or a medium of exchange with a credit or debit value accepted within the network, such as a unit of currency and at some free market or market clearing price. Capital and labor can move freely to any area of emerging shortage, signaled by rising price, and thus dynamically and automatically relieve any such threat. Market based economies require transparency...
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...industrialization also created problems for America society. Industrialization after the civil war was a major component in creating the advanced world we live in today. The industrial revolution connected America through transportation which leads to easier communication. Industrialization changed how the average person lived their life and provided for their families. This paper will identify three specific groups that were affected by industrialization and provide two examples of each group describing how the group was affected while considering issues such as race, ethnicity, gender, and child labor. Finally this paper will summarize how industrialization affected the life of the average working American during this period. The divisions of labor, Specialization, Mechanization were the major aspects of and industrialization. The industrial revolution stimulated the rise of unskilled labor. Reduce cost of labor and increased efficiency if the production process. With their being more jobs since focus only needed to be on particular skill. More people had jobs and were able to provide for their families. Society was a major aspect of industrialization because companies were being built; railways were distribution goods to different states. The economy changed society into an urban industrial state by the immigration of people. Beginning: agricultural revolution, more food equaled more living people and more people equaled more labor. Urbanization happened because everyone...
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...Business Data Communications and Networking 9th Edition Jerry Fitzgerald and Alan Dennis 1-1 Introduction to Data Communications 1-2 Outline • Brief history of Data Communications – Communications, Information Systems and the Internet • Data Communications Networks – Network components, network types • Network Models – OSI model, Internet model, transmission via “layers” • Network Standards – Standards making, common standards • Future Trends – Pervasive networking, integration of voice, video, and data, new information services 1-3 Information Age • First Industrial Revolution – Introduction of machinery – New organizational methods – Changed the way people worked • Second Industrial Revolution – Information Age – Introduction of computers – Introduction of networking and data communication – Changed the way people worked again • Faster communication Collapsing Information lag • Brought people together Globalization 1-4 The Collapsing Information Lag Historical developments in electronic communications telegraph sped up the rate and volume of transmission of information 1850 Information took days or weeks to be transmitted 1900 Information transmitted in minutes or hours 1950 2007 large quantities of information transmitted in a fraction of a second growth of telecommunications and especially computer networks Globalization of networks 1-5 Advances in Phone Technology Phone invented 1876 first...
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...Cultural Revolution lasted for a decade and saw the fragmentation of China only ending after yielding seemingly little benefit to anyone involved. Mao Zedong was foremostly, and most successfully, a revolutionary and much of his life had been spent seeking to fundamentally transform China. Mao’s goal, to form a new strong and prospering China, required the creation of a new national sense of being through the Cultural Revolution. To forge a new society and culture, rid of entrenched feudal ways was considered absolutely necessary with the omnipresent shadow of the New Culture Movement, which had been frustrated by the size of the task. Only a mass movement by the entire nation to reform themselves could succeed. Mao found his answer in the political philosophy of Marx and Lenin whose work he synthesised and altered, eventually focusing on the potentially revolutionary aspects of widespread revolution. Mao made a significant contribution to Marxist philosophy by concluding that in order to keep the results of a revolution in place, the revolution too had to be permanent. Mao launched the Cultural Revolution, motivated by this genuine desire to preserve and protect the revolution by making it impossible for China’s leaders to become comfortable and lead the nation to regress to capitalism. The Communist victory in 1949 and subsequent decade of control saw some slow improvements in the life of the ordinary Chinese, and few leaders of the CCP were adamant that a revolution was a necessary...
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...Readings (Englewood Cliffs, NJ: Prentice Hall) (2d ed. 1994), pp. 322-329. Evolution and Revolution as Organizations Grow Larry E. Greiner A small research company chooses too complicated and formalized an organization structure for its young age and limited size. It flounders in rigidity and bureaucracy for several years and is finally acquired by a larger company. Key executives of a retail store chain hold on to an organization structure long after it has served its purpose, because their power is derived from this structure. The company eventually goes into bankruptcy. A large bank disciplines a "rebellious" manager who is blamed for current control problems, when the underlying cause is centralized procedures that are holding back expansion into new markets. Many younger managers subsequently leave the bank, competition moves in, and profits are still declining. The problems of these companies, like those of many others, are rooted more in past decisions than in present events or outside market dynamics. Historical forces do indeed shape the future growth of organizations. Yet management, in its haste to grow, often overlooks such critical developmental questions as: Where has our organization been? Where is it now? And what do the answers to these questions mean for where we are going? Instead, its gaze is fixed outward toward the environment and the future--as if more precise market projections will provide a new organizational identity. 1 Companies fail to see that...
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