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The Modern Industrial Economy

Date Submitted: 09/09/2006 23:24:18
Category: / Social Sciences / Economics
Length: 7 pages (1812 words)
Views: 46210

The Modern Industrial Economy <Tab/>Before the beginning of the eighteenth century, Europe was in dire need of a transformation. One that would change their style of life, not only for the well being of the countries, but for the people as well. This transformation could mean the development of nations into world powers. This need was fulfilled by one word, industrialization. Perhaps the biggest change in history was the Industrial …

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…The most recent development period has been within the last fifty years. With new technologies such as home computers, that have capabilities beyond imagination, evolution in the industry is exploding. If it hasn't already, this technology will one day take over the way we live. With entrepreneurs constantly looking to make life easier, technology will forever be a growing market. As long as we work together as a human race, the sky is the limit.

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