Introduction The interaction of technology and society may be the one thing more than any other that gives society a meaning and defines us a human beings. In recent years it has become popular to point fingers of accusation at technology as if it were "autonomous" and driving us all to perdition. I take other view. No doubt the uses of technology and society interact strongly. I think it wrongheaded and very naive to think of aggressive technology affecting a passive society eroding away
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CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY Recent literatures on economic growth asserted that ex-ante development of the financial system facilitate ex-post economic growth (e.g. Rajan and Zingales). In recent time‚ the link between financial market development and economic growth has received much attention in the literatures (King and Levine 1993‚ Rajan and Zingales 1998‚ Calderon and Liu 2002‚ Sunday E. Ewah and Judey Bassey 2004‚ T.S. Osinubi 2000). This is not unexpected
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There is nothing set in stone for what may happen. With the way technology has advanced over the years‚ the future may be taken over by it. Anything involving paperwork will soon all be transferred into computerized work. Soon many jobs will start to disappear because of the advancement; jobs will be much more efficient if changes in technology are made. In the past‚ all jobs were based on paperwork because the quality of technology was not as progressed as it is today. The quality of work was
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Impact of Global Economic Dynamics on Growth of Indian Industry Narendra Jadhav* It is a matter of great pleasure to be invited by the Bombay Chamber of Commerce and Industry to participate in the Seminar on ‘Growth Resurgence: Expectations and Strategies’. The Bombay Chamber‚ being one of the oldest has been on the forefront in promoting the industrial growth of the country through the ages. I am‚ therefore‚ particularly delighted to have the opportunity to share some of my views on globalisation
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CHAPTER ONE INTRODUCTION I.0 INTRODUCTION 1.1 BACKGROUND TO STUDY According to Wikipedia encyclopedia‚ Economic growth refers to the increase in the amount of goods produced by a country; this is a measure of the economic performance of the country while government expenditure is refered to as an outflow resources from government to other sectors of the economy‚ government expenditure (or government spending) includes all government consumption
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Today’s sales professional is educated in what is necessary to be successful in the modern world – from computer literacy to market knowledge. The words we hear most in today’s selling world are change and technology. The salesperson who refuses to adapt to change and capitalize on the technology of today is going to be left at the starting gate and will have a limited career that will not be nearly as productive as it otherwise could be. The sales professional of the twenty-first century who is going
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Economics essay Identify and describe the sources of economic growth in the Australian economy. And evaluate the effectiveness of fiscal policy as a weapon for pursuing economic growth. Economic growth refers to the ability of the economy to produce a sustained increase in goods and services over time as measured by changes in real GDP. The adoption of Keynesian economic theory in the 1930’s saw acceptance that level of economic activity in an economy is determined by aggregate or total demand
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Technology vs. the Brain From the invention of the light bulb by Thomas Edison to the long term battle between Apple and Microsoft‚ technology has been growing. With each new achievement or creation‚ the impact of the devices becomes more and more evident. There is a lot of controversy in terms of the impacts and whether the effects are positive or negative and to what extent technology actually reaches. The bottom line is that without a doubt technology is a continuously evolving system that impacts
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EXPENDITURE GROWTH AND ECONOMIC GROWTH IN NIGERIA (1990 – 2010). Introduction In the nineteenth century‚ public expenditure under the influence of the classical economists‚ played a limited role in economic activity. There was neither any sound classification of government expenditure nor any standard laid on which all such expenditures should be based. However‚ in the latter part of the nineteenth century‚ Wagner (1883) observed that there exists a relationship between economic growth and public
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To what extent is economic growth beneficial for global economies? Economic growth is defined as the expansion of the productive capacity of an economy. An increase in resources causes an area to produce more goods or services in a given period of time – as shown on a production possibility frontier (PPF) diagram‚ where the curve shifts outwards. The PPF is a curve showing the maximum combinations of goods and services that can be produced in a given period with available resources. The improvement
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