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The legacy of the industrial revolution and its limitations
The legacy of the industrial revolution and its limitations

Author(s): Dumitru Filipeanu, Florin-Alexandru Luca
Subject(s): Supranational / Global Economy, Economic development, 18th Century
Published by: Fundatia Română pentru Inteligenta Afacerii
Keywords: Economic mutations; Innovation Patents; Industrial revolution;

Summary/Abstract: Human history presents changes in various forms. These do not, however, keep up the same pace. There have been times of rapid changes and there have been times of relative stability. From ancient times to the modern world, the pace of the changes signaled in history has been relatively slow. Since the industrial revolution, however, this pace has become increasingly more intense. The mutations that have been produced have completely changed the structures of industrial production. Over the last decades, these changes and their pace of implementation have been accelerated to such an extent that they have changed the way in which we perceive the world. This article highlights the determining factors and follows the stages in the development of the great global economic powers and their fight for supremacy in the global economic equation.

  • Issue Year: 2016
  • Issue No: 35
  • Page Range: 29-33
  • Page Count: 5
  • Language: Romanian
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