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How does technology affect on economy ?

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Question ajoutée par Samer Khatib , Economics Moderator , Bayt.com
Date de publication: 2016/08/02
masror mohammed
par masror mohammed , Worker/Accountant , Oil/Gas station

Innovation has influenced the economy through direct occupation creation, commitment to Gross domestic product development, formation of new administrations and commercial ventures, workforce change and business advancement. The utilization of innovation has been connected to commercial center change, enhanced expectations for everyday comforts and more powerful universal exchange.

 

Feroz Ghouse
par Feroz Ghouse , Customer Support Specialist , Cube Business Solutions Private Limited

Technology has affected the economy through direct job creation, contribution to GDP growth, creation of new services and industries, workforce transformation and business innovation. The use of technology has been linked to marketplace transformation, improved living standards and more robust international trade.

محمد حسام الدين حسن صدقى
par محمد حسام الدين حسن صدقى , Senior Functional Consultant , Egabi Fsi

First: The Productivity rate rises up continuously

Second: Tasks are achieved more accurate.

Third: More production can be achieved by less labor force

 

Conclusion: Cost less and Produce more

Harshad Kabeer
par Harshad Kabeer , Accountant , Development Step Est.

Technologies are one of the most effective thing in the current world which affects the economy.  

It reduces the time and efforts

it decreases cost of production

it reduces labour cost

it gives fastest results

it ensures accurate results

it makes innovation in marketing

etc.

ammar aljamal
par ammar aljamal , It Technical Support And Presales , EDS Computers

Technologies help to upgrade the performance, size and the final result of the economy.Also increase the profit and decrease each works, time and money.

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