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Starting about mid 17th century to present day. Production services became a primary in today's economy. With industries usualy providing only products, the shift to a partial service industry was dramatic but fulfilling. Bringing in more profit due to happy costumers. With increase in this area, this could lead to a expansion of the economy.
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Please look at link for further information. It starts before this year.
Farming and things among it have been around forever. But with limited space only so much can be shown. -
World war 1 was a down time for European farmers. But the economy in the U.S.A. was picking up due to increased production of crops. The increased prduction also lead to processing and caused a climb in the US economy. This was during a expansion
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The Industrial Revolution was the transition to new manufacturing processes that took place in the period from about 1760 to some time between 1840. This happened during an Expansion. The economy was going up and creating jobs due to factories.
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The Industrial Revolution that occurred in the 19th century was of great importance to the economic future of the United States. Two industrial developments led the way to Industrialization in America: (1) transportation was expanded and (2) electricity was effectively harnessed. This incresed the economy to create almost a BOOM.
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The Great Depression was a world wide economic recession that lead many economic crashes. Stocks went down along with unemployment and Houseing Market. After words a great industrial started with the flourish of factory made products. Took place during Depression.
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First locomotive demonstration takes place. Not sure About exactly if it was duing an expansion or not.
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Info Tech first began to be recognised and understood. Ideas of CPUs first thought of. Anything else that was invented didn't match the power of the Ideas. Recession.
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Info Tech is probaly the most commonly used items used by the US's general public. Many advances since its creation and early years.
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When the terminology 'information technology' is used, mistakenly it describes the entire industry. Information technology basically refers to the employment of computer hardware and software applications to manage data. Departments, such as Management Information Services (MIS), handle the responsibility for the storage and protection. processing, transmission and retrieval of the information as required. This is during an expansion.
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The Beginnings of Telecommunication. Voltaic Battery.
Late 18th century.
Telegraph.
Early 1800s.
Morse Code.
Developed in1835 by Samuel Morse
Dots and dashes.
Telephone and Radio. Alexander Graham Bell.
1876
Followed by the discovery that electrical waves travel through space and can produce an effect far from the point at which they originated.
These two events led to the invention of the radio
Guglielmo Marconi
This was the begining of technology improvements and creating jobs -
Since 1977, Agriculture Industries has provided excellent customer service and expertise in Farm Management and Real Estate. Working wtih individual, corporate, institutional and agency clients when they want to buy, sell, manage and invest in agricultural or farmland real estate. A expansion.
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Production Services is a part of the Service Economy. During this Recession, The Service Economy has help slow the dropping of the economy and even helped stop the recession.
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MADISON, Wis. (AP) -- A new study suggests good news for college graduates with agricultural degrees. The study predicts about 54,000 agriculture-related jobs will be created in the U.S. every year between now and 2015. That includes areas such as food, renewable energy and the environment.
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Specialization of services is important to the economy. It also helps to build up the company with people of special skills. It helps strengthen trade and sales. This is taking place during an recession.
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Information and communication technologies (ICT) has evolved into a key enabling infrastructure across industries while proving to be a powerful driver of enhanced living conditions and opportunities around the globe. ICT has changed the world dramatically and it is bound to continue to do so in the future.
