Exam 2 – Revolutions Reshape the World, 1750-1870

INTRODUCTION Since 1500, the economies of Europe and Asia have expanded overseas operations. Thanks to the establishment of the Atlantic Trade System, these economies exercised their mercantilistic desires, the United States became a cultural mixing bowl and expanded the dissemination of knowledge and technology. Because of this growing worldwide interaction, the world experienced major changes in agriculture, politics, economics and technology from 1750 to 1870. Industrial revolution occurred during this period, considered to be one of the greatest technological era.

The industrial revolution can be defined as the climax of sudden socio-economic change from the manual manufacture of houses to the production of large-scale factories. From 1750 to 1870, the Industrial Revolution began in Manchester, England and spread all over the world. This period is characterized by invention, transportation improvement, mass production and trade. There is much controversy over whether the sum of all events that occurred during the Industrial Revolution has a positive impact.

Historically, the Industrial Revolution has changed production and communication through the source of new power and transmission. The first industrial revolution used steam power to achieve mechanized production in the 1880's. The second was used to boost mass production in the 1870s. The third uses electronic equipment and software to automate production and communication from the 1970 's. Today, under the influence of software to the world, the main source of our value creation is information processing. By enabling us to make this smarter, machine learning will generate both humble and historical interests.

Since 1450, we experienced three economic revolution: the commercial revolution of 1450 - 1750, the industrial revolution of 1750 - 1950, and the current technical revolution gradually entered the biological revolution in about 30 years Then it turns into an intellectual revolution. In order to achieve this goal, the process must be closely related, automated, safe, and adapt to extreme speed. Only the block chain configuration has the potential to manage this type of business transformation - in short, any other funding methods we have tried so far in an environment where the other two major classics occur It will collapse. Economic Revolution Century from today