What are
some kinds of changes brought about by technology and the economy?
What are some kinds of changes brought about by technology and the economy?
Technology
and economy have immensely changed the structure of the society.
Technology, through its association with the economy, has caused
major social changes. Various examples of these changes are as
follows:
(i) The
Industrial Revolution, which brought about many industries and the
development of capitalist system of production in society.
(ii) The
invention of steam engine and development of various modes of
transport like rail and aeroplane transformed the entire economy and
social geography of the world.
(iii)
Steam ships made gigantic changes not only in the economy, but also
in the social, cultural and demographic directions, by enabling large
scale trade.
(iv)
Development of textile industry in Britain had a negative impact upon
the handloom industry in India which was very distant from Britain.
This type of integration of economies was enabled only by the advent
of technology.
(v)
Changes in economic institutions caused a skewed demand for labour
and adoption of new social practices. For example, development of
plantation agriculture of cash crops established slavery and slave
trade between Europe, America and Africa.
(vi) The
ongoing process of globalisation, while being beneficial for
multinational corporations, has had a negative impact on indigenous
industries.
Technology and economy have immensely changed the structure of the society. Technology, through its association with the economy, has caused major social changes. Various examples of these changes are as follows:
(i) The Industrial Revolution, which brought about many industries and the development of capitalist system of production in society.
(ii) The invention of steam engine and development of various modes of transport like rail and aeroplane transformed the entire economy and social geography of the world.
(iii) Steam ships made gigantic changes not only in the economy, but also in the social, cultural and demographic directions, by enabling large scale trade.
(iv) Development of textile industry in Britain had a negative impact upon the handloom industry in India which was very distant from Britain. This type of integration of economies was enabled only by the advent of technology.
(v) Changes in economic institutions caused a skewed demand for labour and adoption of new social practices. For example, development of plantation agriculture of cash crops established slavery and slave trade between Europe, America and Africa.
(vi) The ongoing process of globalisation, while being beneficial for multinational corporations, has had a negative impact on indigenous industries.
