The flying shuttle was one of the first items to start the industrial revolution as it allowed one person to weave much wider fabrics. Innovation in Cotton and fabric making technologies in Britain lead to more innovations elsewhere.
Coal fuelled the industrial revolution, it was also literally used as a fuel in steamships and railway locomotives. It also lead to Britain’s growth as a world super power in the 19th Century.
New machines, organisation methods and power sources allowed industries to be more efficient and productive, allowing them to produce more with less resources leading to increased growth.
8 of the Top 10 Richest Companies in the world and 7 out of the Top 10 Richest People on the planet got their wealth from STEM related fields.
While the rise of technology was inevitable in the coming decades, Covid-19 has accelerated it. Remote work, Online video conferencing and e-commerce are just some examples.