How did the growth of technology have an effect on American culture?
Advances in manufacturing technology changed American culture by allowing people to become accustomed to the large consumption of goods. The demand for new products encouraged advances in technology.
What was the political impact of the American Revolution?
The Revolution also unleashed powerful political, social, and economic forces that would transform the post-Revolution politics and society, including increased participation in politics and governance, the legal institutionalization of religious toleration, and the growth and diffusion of the population.
How has technology affected War?
Artillery, naval gun fire, attack helicopters and fighter craft were the next advanced warfare technologies that were used in killing the enemies. Technology has always been the contributing factor to the advancement and development of war equipment’s. They played a significant role in the way war was fought.
How did technological innovations lead to economic growth in the United States?
Invention leads to economic growth by increasing labor productivitynew technologies allow each worker to produce a greater amount of goods and services. The following graphs show that between the end of World War II and the mid-1970s, U.S. households fully benefited from steadily increasing productivity.
How is technology impacting the economy?
Technology has deeply affected the global economy and its usage has been linked to marketplace transformation, improved living standards and more robust international trade. Technological advances have significantly improved operations and lowered the cost of doing business.
Why is technology important to the economy?
In economics, it is widely accepted that technology is the key driver of economic growth of countries, regions and cities. Technological progress allows for the more efficient production of more and better goods and services, which is what prosperity depends on.
How is technology playing an important role in developing countries?
Technology Can Play Vital Role in Shaping Developing World’s Growth. By using abundant and low-cost labor, developing countries were able to increase their share of global manufacturing activities, creating jobs, attracting investment and, in some cases, kick-starting a broader industrialization process.
How does technology help the poor?
Technology reduces the cost of doing much of the work. The lower cost of production helps to increase the profit margin, which is essential in eradicating poverty. Technology opens up doors for new opportunities to do business or work. In turn, it increases the household incomes among the poor population.
How does technology affect development of a country?
The rapid spread of technology fueled by the Internet has led to positive cultural changes in developing countries. Easier, faster communication has contributed to the rise of democracy, as well as the alleviation of poverty. Globalization can also increase cultural awareness and promote diversity.
What role does technology play in development?
Technological development brings economic growth. However it also enhances social wealth on the one hand by increasing the income levels and wealth and causes certain social problems on the other hand. Technological development makes very important contributions to the economic and social-cultural life.
What is the role of science and technology in development?
The role of S&T is to lead national development and to support socio-economic needs. The priority areas that have been identified are: – Development of electronics, information, and communication technologies. – Development of technologies related to resources, energy, and food for social and economic stability.
Why technology is bad for the economy?
A negative aspect of technological change is its impact on income distribution. Workers who are displaced by technological advances may find it difficult to become re-employed as new jobs require advanced skills they do not possess. Technology impacts the number of jobs needed to produce goods and services.
How does technology help in development of resources?
Technology is an important factor that an change substances into resources. It is their ideas, knowledge, inventions and discoveries that lead to the creation of more resources. Each discovery or invention leads to many others. The discovery of fire led to the practice of cooking and other processes.
Why are the resources important?
Resources are important for the development of any country. For example, to generate energy, one need fossil fuels; and for industrial development, we require mineral resources. Natural resources are getting scarce with the increasing population, so it is essential to conserve them.
How can technology help save the environment?
Technology is also being harnessed to help prevent food waste, working to keep food out of landfills by keeping better track of it at all levels, from the farm to the table. With up to a third of the world’s food resources thrown out, data collection technology has the potential to greatly reduce that figure.
Which two factors help in the development of human resources?
These factors were investigated through an inductive research, and the results show that the most important internal and external factors affecting the human resource development are leadership style, employee commitments and motivation, demographic characteristics, labour unions, and governmental laws and regulations.
What are the factors affecting human resources development?
2. Factors Affecting Human Resource Management – Economic Factors Influencing HRMGlobalization: Monetary Policies: Explosion in Stock Markets: Trade in Commodities: Growth of Unemployment in Developed Countries & Employment in Developing Countries: Growth of Inflation in Developing Countries:
What were the major factors which led to the emergence of human resource management?
HRM developed in response to the substantial increase in competitive pressures American business organizations began experiencing by the late 1970s as a result of such factors as globalization, deregulation, and rapid technological change.