"Modern economies base their development on the progress of technology, shaping human lives in almost all possible dimensions. From the beginning of times, human beings have reinforced their capacity of understanding the world and modifying it in their favour. They slowly refine primitive tools for hunting and fishing; learn how to domesticate animals and plants, write and read; develop techniques to build dwellings, roads and bridges; invent and improve different machines and production instruments.
However, the consciousness of their capacity to change nature in their favour is quite recent and gradually grew from the dawn of the industrial revolution, in particular, with the development of modern science. Understanding the roots and mechanics of human capital accumulation and technical progress is a challenge economists face in order to help modern societies to develop, and development to spread all over the world."
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