Kategorier: Alla - innovation - government - productivity - economy

av Brittany Belock för 13 årar sedan

258

Technology and Productivity (Pg. 59 & 61)

The text discusses the evolving role of government in economic matters, highlighting the changing perspectives of voters over time. Initially, a majority believed in substantial government involvement, but opinions shifted over the years, with many later feeling that the government was overreaching.

Technology and Productivity (Pg. 59 & 61)

Technology and Productivity (Pg. 59 & 61)

Sources

Pearson Economics

Technological Progress

Technology is key to having a better and more efficient economy.
Adds a competative edge to economies
Increased GDP

What is GDP?


It is another way to see the total value of the final goods and services produced of over a year.


This is important because it lets us make a comparison between companies and past years.

Innovation

Obsolescene

Older products and processes become out of date (Includes workers!)

Telephone workers lost jobs due to computerized dialing systems

Improved productivity

Allows more tasks to be completed in a shorter amount of time

Light bulb=Longer work day

The American Work Ethic

Is work ethic a race or a ethnicity issue?

Over the last 30 years work ethic in America has declined by 15%


There was a world wide study to show the countries that get the most days off per year


The best ranked countries were Lithuania and Brazil they get off an average of 41 days off per year.




In the Washington post there was a article written asking Rogalia

Rogalia a 25 year old says that his friends would rather be poorer and have as much free time as possable than work and have a lot of money.

Which has the best work ethic race or ethnicity?

Reasearch has shown the Asian

countries such as: Japan, China, Pakistan, and other countries.


Another Part of this reaseach has told us that just alone in India 43% of their population is self employed.

Subtopic

The Government's Roles

Do you believe that the Government's role is to fix the economy?

In 1992 more than half of the voters believe that the government is to involve in businesses and indivduals.


About 16 years later in 2008 the majority of the first time voters wanted the government to do more in to solving the nations problem.


By 2010 the same voters came back to saying that 56% of voters say that the government is overreaching, on the other hand 38% say that need to do more.





Promotes innovation and invention
Federal agencies fund scores of research and development