The First Industrial Revolution of the eighteenth century brought fundamental changes in the allocation of people, resources, and energy. In the Second Industrial Revolution, the revolutionary impact of automobiles, photography, electric power, and industrial chemicals made the United States a foremost world power. The Third Industrial Revolution begins with the information revolution brought about by the computer. Each decade since World War II has brought crucial developments in the areas of CAD/CAM, fiber optics, lasers, holography, biogenetics, bioagriculture, and telecommunications....
The First Industrial Revolution of the eighteenth century brought fundamental changes in the allocation of people, resources, and energy. In the Se...