which
associated
social values are
with industeri. zation
Answers
SOCIAL VALUES OF INDUSTRIAL almost universal consensus that we are standing at the verge of a major technological revolution, i.e. Industrial Revolution 4.0, set to trigger fundamental socio-economic transformations across the globe. The complexity, scale and depth of this industrial revolution are expected to transcend those of its predecessors, as the bulk of imminent technological breakthroughs are likely to have an impact on the organization of our daily lives.
It is now conventional wisdom to suggest that the major impact of the First Industrial Revolution was to mechanize production through widespread deployment of water and steam power systems, as a result of which manufacturing spread across Western societies and started to transform the rural social fabric through waves of migration. The hegemonic power of the period, Great Britain, as well as its adversaries, attempted to maximize their colonial holdings and raw material reserves so as to maintain leadership of the technological transformation.