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mulvidual Assignment (15% ) 1. Discuss modern socio-economic infrastructures that established under the period 1900- 1913.

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mulvidual Assignment (15% )
1. Discuss modern socio-economic infrastructures that established under the period
1900- 1913.

mulvidual Assignment (15% ) 1. Discuss modern socio-economic infrastructures that established under the period 1900- 1913.

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LorraineElite · Tutor for 8 years

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<p> From the start of the 20th century up to 1913, across many parts of the world, several significant developments and breakthroughs shaped modern socio-economic infrastructures. There main infrastructural thrive in:<br><br />1. Industrialization, culminated by the emergence of second industrial revolutions leading transformation in manufacturing and production, discovery of new sources of power like electricity for industry use as well other sources like oil. <br><br />2. Global systems of finance, including the step-wise establishment of central banking systems, securities markets and the rise in corporation finance.<br><br />3. Transportation infrastructures, where there was widespread adoption of modernized methods across many regions, especially rail services for inner-city transport thus interlinking markets of different geographical locations.<br><br />4. Technological innovations in terms of communication, such as payment systems and phones, that hastened financial transitions and contributed to economic growth and stabilization.<br><br />5. Organizations/systems related to public welfare and sanitation transformed rapidly creating favorable health trend for globalization.<br />6. Education sectors evolved during this workforce development period, gearing towards shaping a futuristic workforce necessary to further advancements in industry and finance.<br><br />7. The initiation of effective management of resources interlinking all infrastructural developed geared toward economic infrastructure stabilizing streamlined sustainable social-economic growth.<br></p>

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<p> In this question, considering the given period is between 1900 and 1913, it refers to the historical context of modern socio-economic infrastructures. During this time, industrialization, urbanization, and globalization contributed significantly to socio-economic infrastructures across the globe.<br /><p>Factors such as:<br /><p>1. The second industrial revolution, marked by a shift to electric power and a burgeoning steel industry, was one of the remarkable aspects of the socioeconomic history of this period. Cities shifted their outlook being concentrated centers of industrial and economic activities.<br /><p>2. There were significant advancements in the financial sector, including the establishment of central banks and the development of bonds and stock exchanges.<br /><p>3. Transportation systems become more planned and organized, with essential institutions or systems like subways, trams, and trains gaining significant enhancements or establishment.<br /><p>4. Major infrastructural systems like sewage and water related institutions were introduced thus impacting the living conditions hence impacting positively the economies.<br /><p>5. Emergence of means of communication which influenced positively economic activities.<br /><p>6. Public health infrastructures which improved significantly during this time and new institutions and strategies were developed to tackle the emerging the health needs of growing urban populations.<br /><p>7. Education systems modernized leading to knowledgeable and skilled workforce thus improving productivity.</p>
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