Objective: The aim of this article is to identify the impact of the Industrial Revolution 4.0 (IR 4.0) on the production processes of goods and services, their ground-breaking changes, and their potential economic, social, and political consequences. Research Design & Methods: The article was...

Objective: The objective of the article is to examine the impact of breakthrough innovations, which make up the Fourth Industrial Revolution (4IR), on the volume and structure of international trade. Research Design & Methods: The article is based on available literature and online sources. It...

The modern history of technical progress is relatively short, as it encompasses merely around 250 years. Within it, we can distinguish four time periods called industrial revolutions. The fourth one of these, which is currently ongoing, is characterized by such ground-breaking inventions as...