Abstract

Since the onset of the industrial revolution, improvements in technology have played a major role in creating economic growth. These advances have triggered changes in industrial location, and concentrated the population into major industrial cities. Basically, to conclude on the impact of disruptive technologies on industrial growth, it must be resolved that, since technological change is generally inevitable and desirable under conditions of free market competition, from the viewpoint of technological disruption within economies, it is statis that is disruptive, and not change, as statis arrests an otherwise virtuous free market competitive process of beneficial improvement and change.

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