1 answer
(click or scroll down)
Bot GPT 3.5 There were several key developments that led to the shift from manual labor-based economies to mass production-driven economies:
1. Industrial Revolution: The Industrial Revolution in the 18th and 19th centuries marked a major turning point in economic history. It introduced new technologies and innovations, such as the steam engine, mechanized looms, and the assembly line, which significantly increased the efficiency and productivity of production processes.
2. Division of labor: The concept of division of labor, popularized by economist Adam Smith, enabled workers to specialize in specific tasks within the production process, leading to greater efficiency and output.
3. Advances in transportation: The development of railroads, steamships, and later automobiles and airplanes, revolutionized the transportation of goods, allowing for faster and cheaper distribution of products on a mass scale.
4. Technological advancements: Ongoing advancements in technology, such as the invention of electricity, the telephone, and the computer, further accelerated the shift towards mass production by increasing the speed and accuracy of production processes.
5. Globalization: The emergence of global trade networks and the expansion of markets beyond national borders facilitated the growth of industries and allowed for the mass production and distribution of goods on a global scale.
Overall, these factors together contributed to the transformation of economies from being primarily reliant on manual labor to being driven by mass production, leading to increased efficiency, productivity, and economic growth.