6 The Combination of Growth Sources from the
Aspect of Society Historical Development
Structural changes caused that at various stages of society
development the importance and the combination of key
growth sources (production factors) are varied. If we look at
the use of production factors in terms of historical development
of society, then in the long term agrarian society considered
the land as a key factor in combination with heavy physical
labour.
Several millennia-long primacy of land was terminated by
the industrial revolution in England in 1760 and this was the
start of an industrial society. The capital - again in combination
with the physical labour - was the most important production
factor in this type of society. Industrial society included
the development of mechanization, automation, introduction of
new technologies and techniques leading to higher labour productivity
and to economization the labour force.