The evolution of technology‚ made our lives easier and faster than before. Talking about the two distinct generations‚ like those born before the digital era and those from the digital era. Even today‚ the use of old media like newspapers‚ television‚ etc. is pretty evident among both the generations‚ but younger ones are more leaned towards the use of new media like the use of smart phones‚ IPad’s and Laptops‚ as it helps them multitask. Thinking of the older generations‚ i.e. grandparents and their
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world. Technology - the making‚ usage and knowledge of tools‚ techniques‚ crafts‚ system or methods of organization in order to solve a problem or serve some purpose. Science and technology affects our daily life activities‚ it have an effect in our life and in our world. As what I understand about how Science and Technology affects our lives‚ That there are advantages and disadvantages. The Advantages are‚ it makes
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What are the advantages and disadvantages of our ever-increasing use of computer technology? We are living in the modern developed society and it’s extremely difficult to imagine our casual life without computer technologies. Nowadays it’s hard to define any device as the earliest computer. Some years ago people needed to create some appliance which could make complicated calculations and control technical spheres of our life. New technology was invented to make the life easier but nobody thought
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investment. Despite TNCs growing most rapidly in the 1960s the foundations were laid in the inter-war period‚ notable examples being that of Ford‚ Phillips and Vauxhall. Around 90% of TNCs are based in MEDCs. I will discuss social‚ economic and environmental advantages and disadvantages of TNCs. There is a number of benefits in which TNCs create economically‚ one of the most significant benefit is infrastructure development that is created due to the demands and requirements of the TNCs. This can include
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Interests in the study of economic growth and development have been on the increase especially since the middle of the present century. Economic growth results in the expansion of a country’s production possibility curve such that the potential output of the country is increased beyond the previous levels. Thus growth is often defined in terms of a sustained increase in the real per capita income of a country. Simon Kuznets in (Todaro‚ 1885)‚ defined a country’s economic growth as “a long term rise
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Einstein said‚ "It has become appallingly clear that our technology has surpassed our humanity." Today‚ technology is everywhere‚ and Einstein’s inference is more prominent than ever. It is in our facilities‚ our homes‚ ours cars; it has become a lifestyle rather than an advantage that aids us. We have made great technological advances throughout the years‚ yet society is taking disadvantage of what we have invented. Arising problems with technology include a lack of human interaction skills‚ a rise in
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The Role of Capital Market on Economic Growth in Nigeria (19802008) Usman Owolabi Akeem‚ Phd Faculty of ManagementScience‚PMB4000‚ LAUTECH‚Ogbomoso‚Nigeria e-mail-labisky@yahoo.com‚ Tel:+2348036675099 Abstract The capital markets play important roles in the economy growth of the market. A well functioning market insures that both corporation and investors get or receive fair prices for their securities. It examine the impact of capital market on the Nigeria economy and also examine how stock
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Disadvantage of Technology Hidden camera We have stepped into the 21st century and the world has given us some unbelievable technology that sometimes it seems to be a dream. But when we look at the backside of the latest technology‚ we find that we have made these technologies for our destruction if wrongly used by the wrong people. If the people of the world use these technologies in a right way‚ we all are going to be benefited out of it ‚ but if the motive of a human being is not positive
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The Economic Advantages and Disadvantages Of The Economics Globalisation For Developed and Developing Countries. According to Goyal (2006)‚ the globalisation of economics is an integration of economic factors between countries around the world through cross-border movement of capitals‚ labours‚ goods and services from one country to another country. Consequently‚ it gives an impact for involved countries‚ which are not only a benefit but also a detriment. While it may be true that the globalisation
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Governor Central Bank of Nigeria GROWTH PROSPECTS FOR THE NIGERIAN ECONOMY Convocation Lecture delivered at the Igbinedion University Eighth Convocation Ceremony‚ Okada‚ Edo State‚ November 26‚ 2010 GROWTH PROSPECTS FOR THE NIGERIAN ECONOMY Sanusi Lamido Sanusi‚ CON Governor Central Bank of Nigeria 1.0 INTRODUCTION Nigeria’s economic aspirations have remained that of altering the structure of production and consumption patterns‚ diversifying the economic base and reducing dependence
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