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Start learning 50% faster. Sign in nowIndustrial Revolution 1.0 is related to the mechanization of production and vast usage of steam power. It also marked the first major transition from a handicraft economy to one involving the use of machines in the manufacturing processes. The industries that were impacted by industry 1.0 included the glass, mining, agriculture and textile industries. Industrial Revolution 2.0 was ushered with the invention of the electricity, gas and oil that helped in the driving of the combustion engine. It revolutionized the method of transportation and communication. Industrial Revolution 3.0 dealt with the evolution of Electronics and Information technology. It laid the foundation of automation and robotics. It was the Industrial Revolution 4.0 that dealt with the ultimate digitization and made data as the raw material. It builds on Industrial Revolution 3.0 and aims at complete automation and smart systems. It led to the creation of the virtual world that was the driving force of the physical world. Technologies like big data, Internet of things, Artificial Intelligence, Cloud computing, machine learning, etc. are the driving force of this.
BRICS Summit, 2020 was hosted by;
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