Introduction
The arrival of the computer revolution heralded a new era not only in the American but the whole world. With it came winners and losers in almost equal measure especially in the labor sector. Factory floors, management practices, business transactions and booking keeping were all revolutionized. It fueled business changes with mass layoffs, new businesses, new business models regarding mergers and acquisitions as well as heightened anxiety over job security. The introduction of micro-computers also transformed social lives and as well as having a significant impact on the American education sector. While micro-computers and technology have continuously evolved, the most notable effect of this revolution was felt in the min in the late 1970s and early 1980s (Beniger, 2009).
The current American business landscape as we know it today was shaped in the early 1980's. Before 1979, business franchising was an expensive route. The introduction of computers eliminated a majority of franchising limitations, and as of 2007, there are more than 2,500 franchise companies that span over 80 different industries (The Entrepreneur). Enhanced efficiencies in business processes lead to an increase in productivity that led to the late 1980s and early 1990s economic boom (Brenner, 2003). An explosive growth rate was also witnessed in the number of new businesses especially the number of home businesses. New skills were acquired, and further tech-savvy cities such as Silicon Valley were born
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The most significant companies in America and globally today are tech companies – Google and Apple. Business advertising has taken a new dimension with more and more companies adopting their marketing companies online. New ways of life include social media, cashless payments, and online shopping. The education sector has continued to be impacted by the micro-computers revolution with students now able to undertake distant learning. All spheres of life: social, economic, financial, transportation, medical and educational have all undergone rapid changes as a result of the computer revolution.
References
Beniger, J. (2009). The control revolution: Technological and economic origins of the information society . Harvard university press.
Brenner, R. (2003). The boom and the bubble: The US in the world economy . Verso.
The Entrepreneur. (April, 2007) The American Business Revolution . [Online] Available at:
https://www.entrepreneur.com/article/177302 Accessed November 21, 2017
