Industry has gone through many phases, it all started with industry 1.0, also known as the 1st Revolution in the industrial world. It was all about steam power and mechanization, which brought jobs and the world was introduced to industrialization. During this phase, the world was introduced to steam engines, coal-powered mechanization. It was the growth of the industry, which lead to job creation and boosting the economy. Then came, a new entry in the market which took industrialization to the cutting-edge stage, and industry 2.0 begin. Ford was among the first to set the industry on a new stage with mass production and assembly line. This was the 2nd Revolution an introduction to electrical energy and industry started shifting from coal and steam to electricity. As we all know that Henry Ford, was the one to come up with the concept of the assembly line and increasing production to mass. This was the phase where job creation was on peak, as people use to work in a different shift t...