The Inventions That Changes The Modern Economy

Human inventions and technologies have shaped civilizations and transformed life on Earth.  As expectations and capabilities evolve, each new generation possesses its own set of innovative thinkers. Right from the invention of the wheel to the development of Mars rover, several inventions are revolutionary.

The past decade has seen a significant-tech boom and an increase in products featuring smart technology. Here are some of the most important and influential inventions that change the modern economy.

Related post: Economics Books To Study If You are Going To Be Economist.

1.Search Engine

Google, Www, Online Search, Search

Google isn’t the only search engine available, it certainly is the most popular. Since it’s creation the website has achieved things that were previously impossible, from SEO optimisation to seamless global collaboration. Search engines give us access to limitless information 24 hours a day. It completely changed how we consume news and find out about current events. Search engines have changed marketing forever. Whether its pay per click advertising campaigns or SEO optimisation, most businesses now promote themselves online and rely heavily on sites like Google to pull in results.

2. Smartphones

Smartphone, Technology, Mockup, Apps

Yes, phones existed before 2000. The age of the smartphone, however, is a whole different ball game. There have been many variations and the smartphone now is far more advanced than even 5 years ago. However, the role that modern-day smartphones play in our day to day lives is undeniable. Being able to access almost any type of information or service at the touch of a button must surely make the smartphone one of the very best inventions of all time.

3.Artificial Intelligence

Artificial Intelligence, Brain, Think

Sci-fi movies from older times feature talking robots and computers that can think for themselves. These things still feature in movies, admittedly, but artificial intelligence is becoming a real “thing”. In 2011, for instance, a computer system called IBM Watson competed on and won American quiz-show Jeopardy, beating two all-time champions in the process. Though we’re not at a stage where robots are uprising and taking over the world, the capability to develop full artificial intelligence can’t be too far off.

4. Blockchain

Bitcoin, Blockchain, Crypto

You’ve likely heard about it even if you don’t fully understand it. The simplest explanation of blockchain is that it is an incorruptible way to record transactions between parties – a shared digital ledger that parties can only add to and that is transparent to all members of a peer-to-peer network where the blockchain is logged and stored. The technology was first deployed in 2008 to create Bitcoin, the first decentralized cryptocurrency, but it has since been adopted by the financial sector and other industries for myriad uses, including money transfers, supply chain monitoring, and food safety.

5. 3D printing

The Inventions That Changes The Modern Economy

The earliest application of the layering method used by today’s 3D printers took place in the manufacture of topographical maps in the late 19th century, and 3D printing as we know it began in 1980. The convergence of cheaper manufacturing methods and open-source software, however, has led to a revolution of 3D printing in recent years. Today, the technology is being used in the production of everything from lower-cost car parts to bridges to less painful ballet slippers and it is even considered for artificial organs.

6. The Electric Car

Tesla, Tesla Model X, Charging

If you haven’t heard of Elon Musk and Tesla by now, we’re almost 100% certain you’re living in a media black hole. While his latest antics have been more geared towards space exploration, Tesla was an innovation of its own. Although electric cars had been invented previously, and subsequently, Tesla was the first to make them easily and readily available. Nissan and BMW have recently followed suit and produced their own commercially available electric cars.

7. High-density battery packs

lithium-ion cells

Tesla electric cars have received so much attention largely because of their batteries. The batteries, located underneath the passenger cabin, consist of thousands of high-density lithium-ion cells, each barely larger than a standard AA battery, nestled into a large, heavy battery pack that also offers Tesla electric cars a road-gripping low centre of gravity and structural support. The brainchild of Tesla co-founder J.B. Straubel, these battery modules pack more of a punch than standard (and cheaper) electric car batteries. These packs are also being used in residential, commercial, and grid-scale energy storage devices.

8. Facebook

Facebook logo

Facebook, introduced in 2004, wasn’t the first social media site to grace the internet but it was by far the most influential. Initially developed for Harvard students only, Facebook now has over 2 billions users. The ability to share your life with a multitude of contacts and use the internet to build lasting networks is one that is now ingrained into everyday life for both business and individuals.

9. YouTube


YouTube arrived on our screens in 2005 just over a decade ago. To think that YouTube has changed the face of media consumption in such a short space is incredible. For everything from how-to videos, to comedy show catch-ups, viral videos and marketing campaigns, YouTube is to go-to whenever a video element is needed.

10. The Apple iPod

The Inventions That Changes The Modern Economy

Now it becomes I tunes. The iPod was the gadget that transformed how we listen to music. Gone were the days of walkmans and CD’s, and the ability to carry around so many songs in such a small device made it the must-have item of 2001.

If you like my work, support me on:

115 thoughts on “The Inventions That Changes The Modern Economy”

  1. Wonderful work! This is actually the kind of data that should be shared all-around the internet. Shame on the major search engines for not positioning this publish larger! Arrive on about and stop by my Web-site . Thanks =)

  2. Zübeyde hanım kız beşiktaş 2016 yapımı film kız
    ölüce tarihleri biliyor ablasını mutfakta sikiyor türkçe porno pornocu olmak için yaşlı adamla anal yapan kız porno
    rusya’da kaçırılan genç kız turce altyazili olgun porno şişman erkek zayıf kadın seks porno video
    köpege am yalatma porno rüyada eski sevgiliyle cinsel.

  3. The recommended starting oral dose of dicyclomine is 20 mg given 4 times
    daily. The dose can be increased to 40 mg 4 times daily.

    The recommended intramuscular injection is 10 to 20 mg 4 times daily.
    The intramuscular injection is only used for 1 to 2 days if a patient cannot take capsules or tablets.

  4. Pingback: mp3juices
  5. Pingback: Bubble Tea
  6. Pingback: 티비위키
  7. Thank you for some other magnificent article. Where else may just anyone get that kind of information in such a perfect method of writing? I have a presentation next week, and I am at the look for such information.

  8. I am curious to find out what blog system you have been utilizing? I’m experiencing some minor security problems with my latest site and I would like to find something more safe. Do you have any solutions?

  9. Pretty section of content. I just stumbled upon your web site and in accession capital to assert that I acquire in fact enjoyed account your blog posts. Any way I’ll be subscribing to your augment and even I achievement you access consistently rapidly.

  10. Pingback: nagaqq
  11. Hi, Neat post. There’s an issue along with your site in internet explorer, may check this?K IE nonetheless is the market chief and a huge section of other people will pass over your great writing due to this problem.

  12. Thank you, I have recently been searching for information approximately this topic for a while and yours is the best I have came upon so far. However, what concerning the conclusion? Are you positive concerning the source?

  13. Greetings from Ohio! I’m bored to death at work so I decided to check out your website on my iphone during lunch break. I enjoy the knowledge you present here and can’t wait to take a look when I get home. I’m shocked at how quick your blog loaded on my mobile .. I’m not even using WIFI, just 3G .. Anyhow, superb site!

  14. My coder is trying to persuade me to move to .net from PHP. I have always disliked the idea because of the expenses. But he’s tryiong none the less. I’ve been using Movable-type on a variety of websites for about a year and am nervous about switching to another platform. I have heard great things about Is there a way I can transfer all my wordpress content into it? Any kind of help would be really appreciated!

  15. I must show some appreciation to you for bailing me out of this incident. Because of surfing around throughout the search engines and coming across notions which are not productive, I figured my entire life was gone. Existing without the presence of solutions to the problems you have fixed all through this guide is a serious case, as well as the kind that would have adversely damaged my career if I had not noticed your web blog. The training and kindness in touching every item was very helpful. I am not sure what I would have done if I hadn’t discovered such a thing like this. I’m able to at this time look ahead to my future. Thanks a lot so much for your expert and effective guide. I will not think twice to endorse your web page to anybody who should have assistance about this subject.

  16. When I originally commented I clicked the “Notify me when new comments are added” checkbox and now each time a comment is added I get three emails with the same comment. Is there any way you can remove me from that service? Thank you!

  17. It is appropriate time to make a few plans for the future and it is time to be happy. I have read this submit and if I may just I want to suggest you few fascinating things or advice. Perhaps you could write next articles referring to this article. I want to read more things approximately it!

  18. I loved as much as you will receive carried out right here. The sketch is tasteful, your authored subject matter stylish. nonetheless, you command get bought an edginess over that you wish be delivering the following. unwell unquestionably come further formerly again since exactly the same nearly a lot often inside case you shield this increase.

  19. Good day! This is my first visit to your blog! We are a group of volunteers and starting a new initiative in a community in the same niche. Your blog provided us valuable information to work on. You have done a marvellous job!

  20. A person necessarily lend a hand to make significantly articles I would state. This is the first time I frequented your web page and thus far? I amazed with the research you made to create this actual publish amazing. Wonderful process!

  21. When I originally commented I seem to have clicked the -Notify me when new comments are added- checkbox and now each time a comment is added I get four emails with the same comment. Perhaps there is a way you can remove me from that service? Thanks a lot!

  22. Hello There. I found your blog the usage of msn. This is an extremely well written article. I’ll be sure to bookmark it and come back to read extra of your useful information. Thanks for the post. I’ll certainly return.

  23. Pretty section of content. I just stumbled upon your website and in accession capital to assert that I acquire in fact enjoyed account your blog posts. Any way I’ll be subscribing to your augment and even I achievement you access consistently fast.

  24. Howdy would you mind stating which blog platform you’re working with? I’m looking to start my own blog in the near future but I’m having a tough time selecting between BlogEngine/Wordpress/B2evolution and Drupal. The reason I ask is because your design and style seems different then most blogs and I’m looking for something completely unique. P.S My apologies for getting off-topic but I had to ask!

  25. I believe what you postedtypedthink what you postedtypedsaidbelieve what you postedwrotesaidbelieve what you postedtypedsaidWhat you postedwrotesaid was very logicala lot of sense. But, what about this?consider this, what if you were to write a killer headlinetitle?content?wrote a catchier title? I ain’t saying your content isn’t good.ain’t saying your content isn’t gooddon’t want to tell you how to run your blog, but what if you added a titleheadlinetitle that grabbed a person’s attention?maybe get a person’s attention?want more? I mean %BLOG_TITLE% is a little plain. You could peek at Yahoo’s home page and watch how they createwrite post headlines to get viewers interested. You might add a related video or a related picture or two to get readers interested about what you’ve written. Just my opinion, it might bring your postsblog a little livelier.

  26. Hi there! I just wanted to ask if you ever have any problems with hackers? My last blog (wordpress) was hacked and I ended up losing a few months of hard work due to no backup. Do you have any solutions to protect against hackers?


Leave a Comment