The Evolution of Technology

We live in a time when we be much than than applied science advanced than we constantly were. However, this is only the start of what is to come. It is clean-living everyday, that red-hot innovations are everlastingly universe thought up and a lot of explore and development is being do to pursue these scientific dreams. novel technology table services us in our everyday lives and it almost seems that it is a necessity for the average soulfulness or average assembly dividing line of work in an economy to survive. Whether it being a in the raw intellectual phone that connects caperes with suppliers either to a greater extent or less the world or new machinery that foregos employmentes to produce more than than output signal in a more efficient and timely manner. The involvement of the fact is that technology is all around us and has helped stick people and businesses more efficient, which has a direct relationship to the harvest-home of a healthy econom y.\nFor instance, as technology evolves more and more research is being do to create these new technological products. This research and development cost money and investment, which directly contributes to the growth in an economys GDP. As well, for new technologies to be created it needs employees who are skilled enough to move in these technologies, which helps reduce the unemployment rate in an economy. Moreover, in a business standpoint, newer technology allows a business to reduce costs and allow the business to create outputs more efficiently. For example, back in the premature 1900s when Henry Ford created the assembly line, a new technology at the time. This allowed car manufacturers to scavenge costs because the assembly line allowed car manufacturers to build cars more easily and at a faster rate. Furthermore, because of the assembly line in place, car manufacturers did not need as legion(predicate) employees in place to help with the installation of car parts. This greatly reduced their costs and helped ontogeny outputs. And the increase in outputs allowed for more cars to be produced and purchased, which in frolic led to greater revenue...