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Vol. 10 No. 03 (2023)
Volume 10 Issue 03

Articles

CHALLENGES OF THE INDUSTRIAL REVOLUTION FOR THE ECONOMY

Published 2023-03-23

  • I Gusti Ngurah Putra Pemayun

I Gusti Ngurah Putra Pemayun
Department Of Management, Faculty Of Economics And Business, University Of National Education, Bali, Indonesia

Abstract

This study examines sustainable tourism as a core economy in light of the challenges posed by the industrial revolution. Through the implementation of modernization in all spheres—economic, social, and dynamic lifestyles, for example—a society's values and culture underwent a shift as a result of rapid technological and information advancement. The review was planned to be aware, how to keep up with the supportable the travel industry creation as a center economy in Kutuh town at Ubud Bali. to discover and describe sustainable tourism as the primary industry. This study employed a proportional sampling technique, a qualitative descriptive method, and the Villa manager, guest house manager, and tourism industry employees. Sustainable tourism was an effort made by the government and society to give as many people as possible jobs so that Bali's gross domestic product would grow as a result of the intense industrial revolution. The most recent trend in factory technology was the Industrial Revolution 4.0, which focused on automation and data exchange. Cyber-physical systems, the internet for everything, cloud computing, and cognitive computing were all included in the term. The Center for Economic Reform was abbreviated as the Core Economy.

Keywords

Social Classicism, Economic Base, Dynamic Ways of Life, Revolution in the Industry

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