Socio-economic influences and major developments in technology

What are socio-economic influences?

Socio-economic influences refer to the social and economic factors that affect individuals' behavior, opportunities, and well-being, such as income level, education, social status, cultural norms, and labor market conditions.

How did post WW1 effect people socio-economically?

• Used large scale productions

• New materials arised and were used commonly

• Products could be made quickly and efficiently

• Products were designed for longevity

How did WW2 effect people socio-economically?

• Saw a severe shortage in goods

• Prioritised people that were crucial for society (children)

• Designs were strong and simple

• Products were not decorated

How do contemporary times effect people socio-economically?

• Contemporary times impact individuals through globalization, technology access, and changing labor markets, influencing job availability, consumer behavior, and social mobility.

What were major developments in technology?

• Micro-electrics

• New materials

• New methods of manufacture

• Advancements in CAD and CAM

• Integration of robotics