• Dr. G. Murali Anand

Abstract: This paper intends to put forward the historical perspectives of industrial revolutions and analyze the effects of revolutions on the Standard of living of workers. This research uses a review and analysis approach for the historical devilments of industrial revolutions in general. All industrial revolutions strongly affected the Standard of living of workers. However, the industry 4.0 has completely changed the way of living for every single patty, e.g. businesses, governments, people. The new definition of internet-of-things looks to rule the order of competitiveness in the world. The jobs have been recently created we never imagined ten years ago. Most jobs have started to disappear we never thought about. Technological innovation and advancement activities have a significant impact on international competitiveness. The consequences of the British Industrial Revolution (1760-1840) were many, varied, and long-lasting. Working life in rural and urban settings was changed forever by the inventions of new machines, the spread of factories, and the decline of traditional occupations. Developments in transportation and communications meant life in the post-industrial world was more exciting and faster, with people more connected than ever before. Consumer goods became more affordable to more people, and there were more jobs for a booming population. The price to pay for progress was often a working life that was noisy, repetitive, and dangerous, while cities grew to become overcrowded, polluted, and crime-ridden.

Keywords: High technology, industrial revolutions, industry 4.0, Standard of living of workers.

"The Impact of Industrial Revolutions on Developing countries ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 3, page no.193-196, March-2018, Available :http://www.jetir.org/papers/JETIR1803449.pdf

"The Impact of Industrial Revolutions on Developing countries ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 3, page no. pp193-196, March-2018, Available at : http://www.jetir.org/papers/JETIR1803449.pdf