The effect that new technology usually has on economy is seen in various ways. Technology will improve of efficiency and the overall productivity in the market. .
It makes the economy stronger and more efficient.
Usually, new technology will increase productivity in the economy. For example, if you replace a human in a factory with a robot that can work twice as quickly without breaks, productivity would increase.
Many information technology jobs are shifting from developed countries to the new globalizers.
Technology contributes to the growth and development of the economy by increasing productivity, creating new industries and jobs, improving efficiency in business operations, and facilitating global trade and communication. Additionally, technology enables innovation and the development of new products and services, which can drive economic growth and competitiveness.
They helped better the economy and produced more tools. For business, it kept all the factories in content
It makes the economy stronger and more efficient.
Usually, new technology will increase productivity in the economy. For example, if you replace a human in a factory with a robot that can work twice as quickly without breaks, productivity would increase.
Tornadoes have both a positive and negative effect on the economy. While they can be very destructive, new construction is usually the result of tornadic activity.
Technology has revitalized the Indian economy - it was a new industry that could employ many of India's people.
Information Technology; includes computers, software, and the internet.
They helped alot
The Destructive nature of the technology led to higher casualties.
Many information technology jobs are shifting from developed countries to the new globalizers.
Many information technology jobs are shifting from developed countries to the new globalizers.
Many information technology jobs are shifting from developed countries to the new globalizers.
Technology has revitalized the Indian economy - it was a new industry that could employ many of India's people.
The economy rebounded to 1928 levels.