Energy as a driving factor of economic growth and development: History of energy transformations

Autor

  • Lilia Neumann Uniwersytet Gdański

DOI:

https://doi.org/10.26881/ibage.2025.44.01

Słowa kluczowe:

energy, transformation, growth and development, energy transition

Abstrakt

This article presents energy as a factor with a huge impact on economic growth and development, which is one of the factors of production, examines energy transformations throughout history, and shows the role of energy in growth and development processes and highlights its key role in breakthrough moments of the world’s economic development and transformation. Statistical public data analysis, historical data analysis, document analysis, logical reasoning, and drawing conclusions were employed. Data are presented in tables and figures. The article demonstrates that energy plays a significant role in economic and social growth and development; it is a factor of production. Historical analysis of human energy use, statistical data and case studies show that breakthrough moments that marked milestones in the world’s economic development were based on successive energy transformations, while technical and technological development based on new forms of energy use and new energy carriers has driven the economic and social transformation of the world.

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Opublikowane

2025-11-24

Jak cytować

Neumann, L. (2025). Energy as a driving factor of economic growth and development: History of energy transformations. International Business and Global Economy, (44), 9–27. https://doi.org/10.26881/ibage.2025.44.01

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