The New Industrial Revolution
We have been through many industrial revolutions in the last 250 years. The development of Hargreaves’ spinning jenny, Arkwright’s water-frame and Crompton’s mule in the late eighteenth century not only transformed the textile industry but led to the widespread adoption of the principles of mechanisation and factory-based production; James Watt’s steam engine, also a late eighteenth century invention, enabled still further step-change innovations – particularly the advent of steam-powered transport with Stephenson’s first locomotive, the Rocket.
Further revolutionary changes followed over the next hundred or so years, new sources of power in the form of electricity, the advent of assembly line manufacture – brought ...
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