Andrea SamayoaDr. PorterPrinciples of ManagementFebruary 21, 2014Management History and TrendsThe Industrial Revolution was a major turning point in history promoting a different way of life around the world. There has been an increase in productivity and efficiency. Adam Smith's The Wealth of Nations influenced the Industrial Revolution in which he addressed the topics of division of labor, productivity, and the free market. Thanks to the values ​​described in his book, many countries began to benefit from production and trade. These global transactions occurred after the influence of the wealth of nations transformed into economic expansion. Thanks to the Industrial Revolution and the wealth of nations, many markets, industries, and organizations now have a method of managing their products and employees. Following economic ideals, management now makes work done by others efficiently. Thus, the historical contributions made by Adam Smith, Eli Whitney, Mary Parker Folley, and Johannes Gutenberg have influenced management today. In old economic views, people were not interested in trade because they thought that through trade they would gain nothing. something more valuable in return. Countries would then control this trade through taxes and protections. Smith then showed why this method was irrational. “He asserted that in a free exchange, both parties improved” (Deeson). Free trade meant that both sides would benefit and thus increase economic expansion in both directions. Through his morals and values, he declared: “The wealth of a nation is not the quantity of gold and silver in its coffers, but the totality of its production and commerce” (Deeson) . Thanks to production, capitalism and labor, the industrial revolution moved to the medium of paper. Within a few days, I received emails from schools saying they had received my transcripts and were ready to review them. This management trend is one of the most popular because of the speed and skill with which it is revolutionizing the world. History has affected every aspect of our daily lives. In times of need and desperation, a manager must remember the importance of integrative conflict resolution given by Folley. The efficiency of the active workforce today in almost every organization thanks to Adam Smith's division of labor, the faster production of goods and services provided by Whitney's interchangeable parts, and the Rapid access to information provided through information management. This management trend has developed a richer, more proactive world, recognizing the contributions of these keen minds..