Why a Trading Academy?
The Economic Eras
The Industrial Revolution,
Looking back in history, historians talk of The Industrial Revolution and this was the transition to new manufacturing processes in Europe and the United States, from the mid 1700s to the mid 1800s.
The Industrial Revolution included the use of steam and water for power and included going from hand production methods to machines, new chemical manufacturing and iron production processes, new machine tools and the rise of the mechanized factory system. The Industrial Revolution also led to an unprecedented rise in the rate of population growth.
The Industrial Revolution marked a major turning point in history, as almost every aspect of daily life was influenced in some way. In particular, average income and population began to exhibit unprecedented sustained growth. Some economists say that the major effect of the Industrial Revolution was that the standard of living for the general population in the western world began to increase for the first time in history, although others have said that it did not begin to meaningfully improve until the late 19th and 20th centuries.
The 20th Century
In the 20th Century, economic growth spread to all regions of the world, when world GDP per capita quintupled. The highest growth occurred in the 1960s during post-war reconstruction.
Technology, mobile communication, social media and of course the internet, has since created major changes in the workplace, similar to the Industrial Revolution mentioned above.
The 21st Century and beyond.
The late twentieth and early twenty-first century has seen greater increases in global GDP. Much of these increases have been due to technological innovations, such as high-speed Internet, smartphones, and numerous other technological advances including Social Media.
These innovations, have changed the way much of the population live their lives and regrettably, many people have not been able to make the necessary changes to personally benefit financially from these changes.
Whilst the changes have brought increased standards to many, regrettably, many others, are now working longer hours, for less income and more financial uncertainty.
21st Century Disruptive Economic Changes….and the NEW Future!
Due to the technological advances, mentioned above, millions of workers, business owners and corporate executives are now re-thinking the way ahead, due to global competition, especially from some of the new emerging economies.
We have all witnessed changes in the way we conduct our lives and this has been forced upon us, by the new modern world.
With robotics, computerisation and technological advances, it is predicted that retailing will move increasingly online and manufacturing, distribution and office based workers will face increasing uncertainty at work, including redundancies and short term temporary contracts etc.
The importance of internet technology has never been more important and millions of people around the world are now recognising the importance of creating change in their lives.
Students, Professionals, Business Owners and the retired are all seeking ways to create a secondary or primary income and this may include a completely new career change.