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simply put, lack of foresight and economic maturity. technology has developed far faster than the buisness model surrounding it or the common users understanding of it, and so people lose sight of the fact that research requires a market backing it to progrss, so now new products simply arent being invested in because no one has even the faintest idea what the difference is, except the exceptional few who understand the growth curve.
What else can I help you with?
How does poverty tie in with recession?
recession causes an increase in poverty
What causes demand for farm products to decrease in the 1980s?
The Countywide Recession
What Other causes of unemployment?
Recession
Causes of recession in Zimbabwe. Link your answer to business cycles?
Recession in Zimbabwe, link your answer to business cycle
What caused the recession in the US in 2001 to be mild?
The suspect lending practices was one of the causes of the recession in the US in 2001.
What are the causes of ineffective information communication technology on service delivery in health?
lack of skills
How does recession effect stock market?
The recession causes stock prices to drop as a whole except a few defensive stocks such as Wal-Mart.
A rise in business activity after a recession or depression?
An increase in business activity after a recession is an economic turnaround. An introduction of technology helps economies grown and come out of depression.
Explain how a decrease in total expenditures affects the nation's economy.?
There might possibly be multiple answers since this guy said recession. If so the most possible answer is " Expansion" if you are givin the choice to do recession or expansion its gonna be expansion. Ive done research and the answer is different depending on the program so this is a question youd have to do some research on
What are the causes of technology?
There is a saying 'necessity is the mother of invention' If what is invented is called technology then that is what 'causes technology'
How would a decrease in total expenditures affect the nation's economy?
it causes a recession
What is the Link between the recession and mortgages?
Recession causes people to have less money. This happens due to loss of jobs and hence loss of income. If a person doesn't have income, he/she cant pay the mortgage. Hence recession and mortgages are related.
