East or West? Who Will Rule the 5th Industrial Revolution?
The world economy saw a ‘great divergence’ as a result of the first two Industrial Revolutions (IR-1 and IR-2) between 1750 and 1950 AD. The economic shift occurred from East to West as a result of industrial development by Western European nations led by Great Britain. The key to their success was the use of then-new technologies like steam power, mechanisation, automobiles, railways, telegraphs or electricity at every level of industrialisation
[WPPV-TOTAL-VIEWS] views
