STS Part 4.3 TECHNOLOGY TRANSFER AND ECONOMIC GROWTH By Raja Aggarwal Technology is usually defined as "know-how" or the sum of knowledge‚ experience‚ and skill necessary to establish enterprise that will manufacture and market a product economically. Technology needs to be viewed not only as the specific production process or manufacturing technology‚ but also various other types of knowledge and expertise necessary for the planning‚ establishment‚ and operation of a manufacturing
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Polygamy The institution of marriage is a social institution‚ under which a man and woman establish their decision to live as husband and wife by legal pledges. There are many types of marriage such as Polygamy‚ monogamy‚ and polyandry. In this essay we will focus on polygamy and show that it has more advantages than disadvantages. First of all‚ polygamy decreases the rate of divorce. Sometimes it’s a necessity when the woman is older or sick or the man is not content with only
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Colonial Slavery Essay Although geographic and social factors encouraged the growth of slavery as an important part of the economy of the Southern colonies between 1607 and 1775‚ economic factors encouraged the growth of slavery the most during this time period. The geography of the southern colonies was not suited to standard farming as that of the northern colonies. The soil of the land was not suited to the growing of standard crops like wheat and corn. Also‚ the hot weather of the south
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Economic and social factors could be said to have played a prominent role in the coming to power of Mao‚ in that discontent was heavily influenced by peasants’ extremely poor economic situations as a result of both inflation and exploitation‚ which generated animosity towards the upper classes and hence the entire feudalistic system‚ as well as giving Mao an opportunity to appeal to the desperation of the peasants‚ for whom the prospect of his leadership in their eyes promised an infinitely more
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rates of economic growth as well as transforming their economy into an industrial economy. In the last few decades‚ the world’s most populous nation has liberalised its economy and gone from producing low-quality and simple exports to sophisticated high-technology goods while attracting nearly $500 Billion in foreign direct investment (FDI). The Chinese government also implemented many strategies to do this and it has resulted in China overtaking the United States as the world’s growth engine. The
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FACTORS RELATING TO THE GROWTH OF 19TH IMPERIALISM: Economic: triumph of modern industrial societies over traditional‚ pre-industrial societies. Colonies used for raw materials and markets for manufactured goods. Technological: railway‚ telegraph‚ and steamship. Better than traditional means. Machine gun over spear; modern medicine over witch doctor. Political: close government involvement with overseas business interests. Economic competition then became political competition. Strategic:
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The years 1775 to 1830 held many changes for African Americans. Both free and enslaved African Americans reacted to the ever changing world around them. More and more slaves were being granted manumission and yet slavery expanded immensely. Many African Americans gained freedom from slavery as a result of the American Revolution‚ however slavery continued to expand due to protections for the constitution‚ the increasing production of cotton‚ westward expansion and the American perception of slaves
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Financial Crises and Economic Growth Robert A. Jarrowy August 22‚ 2011 Abstract This paper constructs a simple yet robust model of …nancial crises and economic growth where …nancial markets a¤ect real economic activity. Financial markets increase real output by facilitating investment through the borrowing/lending of capital. However‚ the borrowing of capital is risky due to randomness in the …rms’production. Financial crises occur when output and liquid capital are insu¢ cient to meet required
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Quality of life ties into geographic luck‚ which had a lot to do with the shaping the cultures of Eurasia‚ South America‚ and Africa. Geographic luck might have been benefit or a detriment to the natives who inhabited the land. It largely depends on what geographic hand you are dealt. Factors which go into making up an area’s geographic luck are climate and how the natives dealt with the weather. Moreover‚ the indigenous people of the continents must have a stable food source so they can get their
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Economic Growth and environmental problems The industrial revolution‚ which began around 1750‚ ushered human beings into a new era of modern civilization. While the remarkable progress in science and technology has improved people’s lives greatly‚ our earth is changing and the environment around us is becoming worse and worse. According to Booth (1991‚ p.552)‚ the" long-run economic growth relies on the creation of new industries and new forms of economic activity‚ these new forms of economic activity
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