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Explain the reasons why the nature of investment in industry changed?

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Final answer:

The nature of investment in industry has changed due to shifts in technology, economic confidence, and global economic factors. High confidence in new technologies and economic growth lead to increased investments, while economic downturns reduce investment demand.

Step-by-step explanation:

The nature of investment in industry changed due to various factors such as shifts in technology, the global economy, and government involvement in the private sector. In the late 1990s technology boom, confidence in new technology investments soared, leading to a rightward shift in the demand for financial capital. In contrast, during the Great Recession of 2008 and 2009, the demand for financial capital at any given interest rate decreased, shifting to the left. These shifts reflect changes in economic confidence and available opportunities.

The global economy is influenced by these investment trends, as they affect production and corporate decision-making. Industrial revolutions and advancements in technology play a key role, requiring new skill sets and changing job markets. This in turn has affected political platforms and social institutions, including education, as schools originally set up to support an agricultural calendar have slowly changed to prepare students for industrial work.

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