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Over the last 30 years, industrial economic gains have become increasingly concentrated, with significant benefits accruing to a small number of corporations and individuals while many workers have seen stagnant wages and job displacement due to automation and globalization. Technological advancements have driven productivity increases, but the resulting wealth has not been evenly distributed. Additionally, shifts toward service-oriented economies in many developed countries have led to a decline in traditional manufacturing jobs. Overall, while industrial productivity has risen, the socioeconomic implications have sparked debates about inequality and the future of work.
What else can I help you with?
What major economic events happened between the years 1997-1998?
all I can say is the Asian financial crisis in 1997
What technological change do you think has created the most economic activity in the last 100 years?
The globalization of capitalism may be the most significant economic change in the paste 100 years. Its impact on our lives may rival that of the Industrial Revolution.Source: Essentials of Sociology - James M Henslin
Which type of economic activity has grown more important in modern economies in recent years?
Tertiary economic activity has grown more important in recent years. Tertiary economic activity is the economic activity of the service sector.
What happens during an economic depression?
During an economic depression threes a lack of economic activity that can last for several years.
What is the economic or useful life of a Digital copier?
10 years
What happened to industrial production from 1929 to 1932?
In the United States the years from 1929 to 1932 were the beginning years of the Great Depression. During those years, some say the depression was at its worst. Industrial production plummeted in that period of time.
What happened to American industry in years after the civil war?
The United States was transformed from an agricultural to industrial society in years following the Civil War.
States that have had significant industrial growth in recent years are called?
States that have had significant industrial growth in recent years are often referred to as "industrial hubs" or "booming industrial states." These states typically experience increased development and expansion in manufacturing, technology, and other industrial sectors, leading to economic prosperity and job creation within the region.
What major economic events happened between the years 1997-1998?
all I can say is the Asian financial crisis in 1997
What effect did the internal combustion engine have on the Industrial Revolution?
Nothing at all the industrial revolution happened 40 years before the advent of the internal combustion engine and it happened a good hundred years before in england.
What technological change do you think has created the most economic activity in the last 100 years?
The globalization of capitalism may be the most significant economic change in the paste 100 years. Its impact on our lives may rival that of the Industrial Revolution.Source: Essentials of Sociology - James M Henslin
How many areas are divided into 300 years of business history?
The 300 years of business history can be broadly divided into three areas: the pre-industrial era, the industrial era, and the post-industrial era. The pre-industrial era focuses on trade and craft economies, the industrial era marks the rise of mass production and technological advancements, and the post-industrial era emphasizes service economies and digital innovations. Each period reflects significant shifts in economic practices, technological development, and societal impacts on business.
What country was given credit for industrial era 275 years ago?
The United Kingdom is often credited as being the birthplace of the Industrial Revolution, which began around 275 years ago. This period of rapid industrialization and technological advancement led to significant social and economic changes that shaped the modern world.
How old is Courtney Gains?
US actor Courtney Gains is 51 years old (birthdate: August 22, 1965).
What wars happened in new yorktate only?
The Civil War happened in New York State. It when on for twenty years because of the conflict between Athens and Sparta for the NorthÕs power both the economic and political.
How did the laissez faire economic ideas influence leaders during the early years of the Industrial revolution?
It convinced leaders not to make laws addressing issues such as child labor and pollution.
What happened between the years of the American revolution and the ratification of the constitution and sometimes called the critical?
The central government failed to solve many economic problems
