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Information Revolution

Glazel A. Lasquarda
INTRODUCTION
3

COMMUNICATION
EVOLUTION
7
EFFECTS OF THE
INFORMATION REVOLUTION
ON THE GLOBAL ECONOMY
Contents WHY INFORMATION
8

REVOLUTION IS
IMPORTANT?
13
ADVANTAGES OF
INFORMATION REVOLUTION
16

CONCLUSION
20
Introduction
What is the Information
Revolution?
The term Information Revolution
describes the "radical changes wrought by
computer technology on the storage of and
access to information since the mid-1980s" or
current economic, social and technological
trends beyond the Industrial Revolution.

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What is the Information
Revolution?
In this period it is characterized by increasing
the use of technology, especially computers and
the internet, as humans integrate it with several
aspects of society. This rapid change over the
last 40 years has led to many of the innovations
people have come to rely on every day.

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What is the Information
Revolution?
Information Revolution brought about change as
a result of the creation of computers and the internet.
For the first time, a product could be made without
requiring human energy from start to finish. These
changes compounded themselves as innovations from
the late 18th century would assist in the creation of
further innovation in the 19th and 20th centuries.

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Communication Evolution

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Effects of the Information
Revolution
on the Global Economy
Effects of the Information
Revolution on the Global Economy

The effects of Information Revolution continue


to grow as innovations from the revolution continue
to be used in new and increasingly complex ways.
Commonly defined by its use of the internet and
computers, the Information Revolution had a
profound impact on economies all across the world
because it made communication fast and easy.

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SOME OF THE SPECIFIC EFFECTS OF THE INFORMATION
REVOLUTION INCLUDE THE FOLLOWING.

Increased Globalization

Increased Speed of Communication

Growth of Multinational Corporations

Decline of Closed Regional Economies

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Globalization existed before the
Information Revolution, it would not have
become as widespread as it is today without
the use of computers and the internet.

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The Expansion of Globalization also
helped in integrating regional markets into a
larger global system as multinational
corporations expanded. As the Information
Revolution affected one aspect of life, it
would grow to affect other areas until it has
now fundamentally changed the structure of
life and the economy.

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Why Information Revolution is
Important?
Why is the Information Revolution
Important?

The main purpose of Information


Revolution is it is one of the main causes of
the modern global economy. The changes
resulting from the Information Revolution have
mostly consisted of methods and inventions
that organize and spread information.

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Why is the Information Revolution
Important?

The Information Revolution also helps in


the development of science. Primarily, it does
this by allowing researchers to share data from
one location to another instantaneously,
allowing for an unlimited number of minds to
be working on a project at any one time.

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Advantages of the Information
Revolution
ADVANTAGES OF THE INFORMATION REVOLUTION

Increased Access to Goods

Increased Economic Development

Increased Access to Information

The ability to hold Corporations Accountables

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This is a result of outsourcing, or the
obtaining of goods and services from an
outside company. This happens because
multinational corporations are able to use
instantaneous communication to manage
contracted companies across the world.

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Other than increasing access to goods, there
is also an increasing amount of information
available to the average individual. This occurs
through the use of the internet, which people
can use for academic work or practical research
such as price matching and product comparison.

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Conclusion

Information Revolution helps us by providing


web access for customers, and by making information
available to customers by phone or by fax. Information
Revolution is essentially a wide and varied field.
Information technology can speed up the time it takes
new products to reach the market.

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References
https://study.com/learn/lesson/information-revolution-global-econom
y-effects-importance-examples.html#:~:text=The%20Information%2
0Revolution%20is%20one,people%20interact%20with%20each%20o
ther

https://sci10sectionm.wordpress.com/2013/12/08/the-evolution-of-co
mmunication-effects-on-the-world-of-science/

https://www.sciencedirect.com/topics/engineering/information-revolu
tion

https://www.sciencedirect.com/topics/computer-science/information-r
evolution

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