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This article provides a history of libraries from their founding in the ancient world through the later half of the 20th century, when both technological and political forces radically reshaped library development. According to Encyclopedia Britannica Online 2007, the paper identifies the series of technological developments with which both librarians and traditional libraries have had to contend. The impression that the global technological revolution now taking place has "murdered" traditional libraries as well as the librarians working in them was critically assessed. It was later concluded that both digital and traditional libraries will co-exist side by side and they will complement each other in the educational, economical and social development of the country concerned.