In summary, civilization of Europe and Asia contribute the major events that took place with specific account of the UK. Emergence of early industries based on agricultural culture supports the origin of other industries such as metal industry initially targeted at tool making. Demand factors during this era must have been characterized by a food industry such as labor for production (eif 2011, p3). Secondly, the Ancient era advanced needs included record keeping, governance, education and emergence of cities. Demand and supply factors for such activities included food production and education as required by the emergent civilization.
Other related ages in succession include Middle Ages, High Medieval, Renaissance and Age of Exploration characterized by political and religious events earlier precipitated in the Ancient Ages. The Modern Era with a cluster of related eras such as Puritan Era, Enlightenment Era, Romantic Era, Petroleum era and High Modern Era characterized a series of events based on innovation, mass industrial production and mass agricultural production. The Postmodern Era beginning in the mid-1900s characterize the information age based on high innovation and intelligent operations in production, education, management and governance, variously referred to as the scientific revolution (Ackermann et al. 2008, pxxx).