UNIDAD EDUCATIVA BILINGÜE SAGRADOS

CORAZONES

DIPLOMA PROGRAMME

INTERNATIONAL BACCALAUREATE

Question:

What were the determining economic, social and technological factors that brought about the

industrial revolutions of the 18th and 19th centuries, and to what extent can connections be

made with contemporary drives for innovation and entrepreneurial development?

Name: Dayris Sahori Asencio Mosquera

Class: 3rd D

Word Count: 750

Guayaquil - Ecuador

December 2023
 Research Question:

What were the determining economic, social and technological factors that brought about the

industrial revolutions of the 18th and 19th centuries, and to what extent can connections be

made with contemporary drives for innovation and entrepreneurial development?

 Assessment Indicators

I.LL.5.5.1. (Language and Literature) I.CS.H.5.19.1. (History)

Consults digital databases and other web Explain the evolution and economic and

resources with the ability to select and social impact and social evolution and

evaluate sources according to their purpose, impact brought about by the industrial

reliability and point of view; compiles, revolutions, relating these these events with

compares and organizes the information the main characteristics of liberalism.

consulted, outlines and personal strategies.

Introduction

The industrial revolutions were periods of economic, social and technological change and

transformation that occurred in the 18th and 19th centuries. They were characterized by the

development of new machines and technologies, such as the steam engine, the locomotive

and the mechanical spinning mill, and marked a milestone in the history of mankind, since

they had a profound impact on all areas of human life, laying the foundations for the modern

world.

The importance of understanding the causes and consequences of the industrial revolutions

lies in the fact that it allows us to understand how society has become what it is today. These

historical events not only changed the way we produce goods and services, but also

transformed social structures, labor relations and the distribution of wealth.

In this regard, the purpose of this research is to analyze in depth the different factors that

drove the industrial revolutions, from technological improvements and the development of

machinery, to changes in production structures and labor conditions, seeking to establish how

these historical factors relate to the current drivers of innovation and business development.

In addition to the above, it is valid to note that by understanding the historical roots of the

industrial revolution and its relationship to current business challenges and opportunities, we

can gain valuable insights that help us face the challenges of the modern business world, thus

expanding the understanding of the connections between the past and the present, allowing us

to generate innovative strategies to promote sustainable business development.

Background

The industrial revolutions were fundamental processes of economic and social

transformation that unfolded successively in different stages and key geographical regions.

They were decisive phenomena that drove significant structural changes and shaped new

production paradigms.
 The First Industrial Revolution, which took place between 1760 and 1840, mainly in

Britain, was characterized by the availability of natural resources such as coal and iron, as

well as the consolidation of an established capitalist system. On the other hand, the Second

Industrial Revolution, which took place between 1870 and 1914 in Western Europe, the

United States and Japan, was a milestone on the world scene. This phase was distinguished by

disruptive advances in transportation and communications, the advent of electricity and oil, as

well as the emergence of large modern corporations, accelerating large-scale industrial

production and considerably influencing the phenomenon of urbanization and the growth of

cities.

In the current era, we are in the Third Industrial Revolution, whose hallmark lies in the

digitalization of the economy and society; driven by major advances in information

technology, robotics and automation, as well as global interconnection, this stage has

generated a profound transformation in the way we work, communicate and consume. It is

important to emphasize that each of these industrial revolutions has left a lasting mark on the

economy, society and the production of goods and services at a global level, causing

structural changes of great magnitude, setting standards and opening the door to new

economic, social, political, development and improvement opportunities and challenges.

Delimitation of the problem

In the context of the industrial revolutions, various economic and social changes have

influenced the current configuration of our society; since technological advances and the

progressive transformation of production systems, some persistent inconsistencies and

questions that remain unanswered can be identified.

One of the inconsistencies that remain today is economic and social inequality, given that

with the industrial revolutions, it has been observed how the concentration of economic

power and wealth has increased in certain sectors, while others have had difficulties in
accessing the benefits of progress, in the face of efforts to promote equity, significant gaps

persist between countries, regions and social groups, which raises questions about how to

achieve a fairer distribution of the benefits of development.

With regard to environmental sustainability, companies face the challenge of minimizing

their negative impact on the environment, requiring the integration of sustainable business

practices in their operations, such as the proper management of natural resources, the control

of polluting emissions and the adoption of clean technologies; considering the long-term

effects of their activities on the natural environment, in collaboration with other stakeholders

to find joint solutions.

Related to the labor effects of automation and digitalization, companies must adapt to this

new technological environment in constant evolution. Encouraging training and continuous

learning of employees so that they are prepared for the changes and challenges brought by the

digital transformation. It is also important to promote innovative business models that take

advantage of the benefits of technology, protecting workers' rights and job security.
 References

The stages of industrial revolution and its impact on jobs. (2020, February

26). Accountancy SA. https://www.accountancysa.org.za/the-stages-

of-industrial-revolution-and-its-impact-on-jobs/

Industrial Revolution and technology. Nationalgeographic.org. Retrieved

September 2, 2023, from

https://education.nationalgeographic.org/resource/industrial-

revolution-and-technology/