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TECHNOLOGICAL-CHANGE-AND-ECONOMIC-GROWTH-_20240331_183612_0000.pptx
- 1. G R O U P 2 TECHNOLOGICAL CHANGE AND ECONOMIC GROWTH March 19, 2024 March 19, 2024 March 19, 2024
- 2. CHANGE IS INEVITABLE, GROWTH IS OPTIONAL. -JOHN C. MAXWELL
- 4. Presentation Highlights Focus areas - Introduction to the Industrial Revolution - Key Figures and Participants - Timeline and Spread - Factors Behind the Industrial Revolution - Technological Advancements - Social and Economic Impact - Legacy and Lessons Learned Industrial Revolution and Technological Change
- 5. Here are the key points that address the 5w's and 1H Industrial Revolution and Technological Change
- 6. What is industrial revolution? The Industrial Revolution was a period of significant societal and economic change characterized by the transition from agrarian and handicraft economies to industrialized ones. Industrial revolution and Techonoligical change
- 7. What is industrial revolution? The Industrial Revolution was a fundamental change in the way goods were produced, from human labors to machine. Industrial revolution and Techonoligical change
- 8. When did the Industrial Revolution began? The Industrial Revolution was a period from the 18th to the 19th century where major changes in agriculture, manufacturing, mining, transport, and technology had a profound effect on the socioeconomic and cultural conditions. Industrial Revolution and Technological Change
- 9. why did the industrial revolution happen? Before Industrial revolution manufacturing took place in homes or rural areas and it was done by hand. Some products made in home (including clothing, furniture, tools, cloth, hardware, jewelry, leather, silverware, and weapons) were even exchanged for food. But, people lived in fear that the crops they grew might fail, as many of them already suffered from malnutrition. In addition, diseases and other epidemics were unfortunately common. Hence machines were introduced to enhance the effective production.
- 10. Where did the Industrial Revolution began? THE INDUSTRIAL REVOLUTION TOOK PLACE IN BRITAIN, THEN SUBSEQUENTLY SPREADING THROUGHOUT EUROPE, NORTH AMERICA, AND EVENTUALLY THE WORLD. THE INDUSTRIAL REVOLUTION MARKS A MAJOR TURNING POINT IN HUMAN HISTORY IN ALMOST EVERY ASPECT OF HUMAN LIFE. Industrial Revolution and Technological Change EUROPE NORTH AMERICA THE WORLD
- 11. Who are the inventors of industrial revolutions and technological change? THE INDUSTRIAL REVOLUTION INVOLVED VARIOUS INDIVIDUALS, INCLUDING INVENTORS LIKE JAMES WATT AND ELI WHITNEY, ENTREPRENEURS WHO INVESTED IN INDUSTRIAL VENTURES, LABORERS WHO WORKED IN FACTORIES, AND POLICYMAKERS WHO SHAPED ECONOMIC AND SOCIAL POLICIES DURING THIS TIME. Industrial Revolution and Technological Change
- 12. Industrial Revolution and Technological Change ABUNDANT NATURAL RESOURCES
- 13. A Stable Political Environment Industrial Revolution and Technological Change
- 14. Access to capital Industrial Revolution and Technological Change
- 16. It later spread to other regions, including Europe and North America, Industrial Revolution and Technological Change
- 17. Driven by Factors such as TRADE COLONIZATION TECHNOLOGICAL DIFFUSION Industrial Revolution and Technological Change
- 18. "Why Technological Advancements Sparked the Industrial Revolution? THE INDUSTRIAL REVOLUTION WAS DRIVEN BY TECHNOLOGICAL ADVANCEMENTS, INCLUDING THE INVENTION OF THE STEAM ENGINE, IMPROVEMENTS IN IRON AND STEEL PRODUCTION, AND THE MECHANIZATION OF TEXTILE MANUFACTURING. THESE INNOVATIONS INCREASED EFFICIENCY AND PRODUCTIVITY, LEADING TO ECONOMIC GROWTH AND THE EMERGENCE OF NEW INDUSTRIES. Industrial Revolution and Technological Change
- 19. "How did the Industrial Revolution revolutionize manufacturing processes and transform societies?" Industrial Revolution and Technological Change Industrial Revolution and Technological Change Industrial Revolution and Technological Change
- 20. The Industrial Revolution transformed societies and economies by introducing new technologies that revolutionized manufacturing processes. STEAM POWER REPLACED HUMAN ANIMAL LABOR LEADING TO THE MECHANIZATION OF FACTORIES Industrial Revolution and Technological Change INCREASED PRODUCTION OUTPUT
- 21. Industrial Revolution and Technological Change Industrial Revolution and Technological Change Industrial Revolution and Technological Change Thank You For Listening! Group 2
- 24. POSSITIVE EFFECTS • • • • ’ NEGATIVE EFFECTS • • • •
- 26. WORK
- 27. POSITIVE EFFECTS
- 29. TIME EFFICIENT
- 31. NEGATIVE EFFECTS
- 32. JOB DISPLACEMENT
- 33. DISTRACTIONS
- 34. SOCIAL ISOLATION
- 36. POSITIVE EFFECTS
- 37. INNOVATION
- 39. NEGATIVE EFFECTS
- 41. ENVIRONMENT
- 44. NEGATIVE EFFECTS
- 47. E-WASTE
- 50. EFFICIENCY • • •
- 52. CUSTOMIZATION
- 53. COLLABORATION
- 54. IMPACT OF IT
- 56. • ORGANIZE INFORMATION AND PROCESS HIGH VOLUMES OF DATA QUICKLY • ENABLES CHEAPER AND EFFICIENT COMMUNICATION • SPEEDS UP PRODUCTION IN A MANUFACTURING ENVIRONMENT • FACILITATES E-COMMERCE - SELLING GOODS AND SERVICES DIRECT TO CUSTOMERS IS A GROWING BUSINESS WORTH MILLIONS • IT ALLOWS GLOBAL REACH FOR TARGET MARKET. • ENABLES CUSTOMIZED COMMUNICATION AND MORE PERSONAL ADVERTISEMENTS ADVANTAGES
- 57. • INFORMATION TECHNOLOGY ENHANCED ACCESS TO INFORMATION, THIS ACCESS TO INFORMATION HAS BROUGHT WITH IT A WIDE RANGE OF ISSUES ON INFORMATION PRIVACY. • WHILE COMMUNICATION AND COLLABORATION IS FACILITATED, LACK OF FACE TO FACE INTERACTION HAS REMOVED THE HUMAN ELEMENT DESIRABLE FOR BUILDING COHESIVE TEAMS. • COMPUTER CRIMES HAVE BECOME PERVASIVE • THE VERY DISTRACTING AND ADDICTIVE, SOCIAL MEDIA HAS INVADED BOTH WORK AND HOME DISADVANTAGES
- 59. • DISTANCE EDUCATION AND ONLINE LEARNING FACILITIES, TO INCLUDE VIRTUAL LIBRARIES • APPLICATIONS ARE WIDELY USED TO IMPROVE THE COLLABORATION AND PRESENTATION OF PROJECTS AND ASSESSMENTS • COMPUTER-AIDED LEARNING WITH SELF PACED INTERACTIVE TEACHING PACKAGES AVAILABLE • LINKS TO OTHER SCHOOLS, BUSINESSES, PARENTS AND OTHER STAKEHOLDERS • INTERNATIONAL COOPERATION FEASIBLE • FACILITIES AVAILABLE FOR STUDENTS WITH DISABILITIES • ONLINE ASSESSMENTS
- 61. • TECHNOLOGY ALLOWS LAW ENFORCEMENT SERVICES TO STORE AND RETRIEVE VAST AMOUNTS OF DATA, SUCH AS INCIDENT REPORTS, CRIMINALS' DESCRIPTIONS, FINGERPRINTS AND OTHER IDENTIFYING MARKS. IT CAN ALSO INCLUDE DESCRIPTIONS AND REGISTRATIONS OF VEHICLES INVOLVED IN CRIMINAL ACTIVITY. • MOBILE COMPUTING DEVICES - LAPTOPS AND TABLET PCS -- ARE VERY USEFUL TO LAW ENFORCEMENT. THIS FACILITATES NOTETAKING, ACCESSING RECORDS OF CONTACT COLLEAGUES ON CRIME SCENES. MOBILE DEVICES CAN ALSO BE USED TO CHECK THE IDENTITY OR OTHER CREDENTIALS OF INDIVIDUALS, AS WELL AS RECORDING AND TRACKING VITAL DATA SUCH AS VEHICLE LICENSE PLATES.
- 63. • STORAGE AND COMMUNICATION OF INFORMATION • LOCAL GOVERNMENTS ARE USING TECHNOLOGY TO REACH CITIZENS AND GATHER INFORMATION FOR VARIOUS DEPARTMENTS THROUGH ONLINE APPLICATION FORMS FOR GOVERNMENT SERVICES AND SURVEYS. • THEY ARE ALSO DISSEMINATING INFORMATION VIA WEBSITES • INTERFACING POLICY MAKING WITH STAKEHOLDERS
- 65. • ENTERTAINMENT • SMART HOMES • ONLINE BUSINESSES • VIRTUAL STORES • COMMUNICATION • ONLINE EDUCATION
- 67. ELIMINATION OF JOBS: BY IMPLEMENTING IT SYSTEMS INTO A COMPANY, TASKS TAKE LESS TIME AND THEREFORE, EMPLOYEES HAVE MORE TIME THROUGHOUT THE DAY. BREACHES IN SECURITY: INFORMATION TECHNOLOGY HAS POTENTIAL SECURITY RISKS IN STORING AND TRANSMITTING DATA. DEPENDENCE ON TECHNOLOGY: AS TECHNOLOGY BECOMES INCREASINGLY INTEGRATED INTO OUR DAILY LIVES, IT CAN LEAD TO AN OVER-RELIANCE ON TECHNOLOGY AND A LACK OF KNOWLEDGE AND SKILLS, PARTICULARLY AMONG YOUNGER GENERATIONS WHO HAVE GROWN UP SURROUNDED BY IT.
- 68. USE INFORMATION TECHNOLOGY RESPONSIBLY.
- 69. • THERE ARE SEVERAL MEASURES TO PROTECT YOUR DEVICES AND INFORMATION FROM THE MANY THREATS FACED BY COMPUTER USERS. • USE IT RESPONSIBLY TO PROTECT YOUR INFORMATION BY USING THESE MEASURES, WHICH INCLUDES: • BIOMETRIC SECURITY MEASURES • INSTALLING AND UPDATING YOUR ANTI-VIRUS ON DEVICES •CHANGING PASSWORDS REGULARLY • REFRAIN FROM LOGGING INTO PRIVATE ACCOUNTS ON PUBLIC COMPUTERS • JUST BEING GENERALLY CAREFUL WHEN USING TECHNOLOGY.