Many Jobs have been created in the ICT industry. The priorities of national planning and the choice of technologies both have to be optimised.

Experts would argue that it is and that the route out of the current economic crisis will be mapped with the help of technology and innovation centers across the globe. Communication and storage of data at the work place has also been made possible through technology. Development in Economic, Social and Cultural Spheres. Essay on technology and economic development, we have come to the conclusion that capital and money alone cannot make us move faster towards our desired goal, but it is the application of latest technology which may help.

Role of technology in economic development | My Essay Point

Agriculture, industry, profession, health, education, art, political processes, recreation, tehnology activities and daily life activities all are under the influence of technology.

You must be logged in to post a comment. Sometimes it is argued that developed countries while entering the developing countries must evolve an appropriate technology suitable to their environment and should not transfer their highly sophisticated technologies. Multinational companies can also be initiated through the essay on technology and economic development.

The transfer of capital-intensive technology into developing countries is likely to worsen the employment position as such technology would deny the unemployed persons the gains of economic essay on technology and economic development through the adoption of capital-intensive techniques. The scope of technology may be explained as a resource which comprises knowledge, skills and means for using and controlling the factors of production to produce, maintain, and distribute goods in services for which there is an economic and social demand.


A quick glance back through the history of some of the most rapidly developing countries of the 19th and 20th tecnnology will show that technology played a huge essay on technology and economic development in the economic march of nearly all these territories.

But what about today? Many people have been able to complete their degree programs online. In any society economic growth would be possible only through the introduction of improved technical inputs into the process of economic transformation.

The great majorities of developing countries including India is poor and suffer from over-population and consequent higher rates of unemployment. There is perhaps no field of human life which has not been affected by technology.

The Effects of Technology on American Economy

This could be possible only because of technological advancement in health sector. Related Articles What is a hero? Development assistance under bilateral and multilateral aid programmes, international executive corps, employment of foreign technicians. The radical change and advancement in anv economy, as we observe today, is the result of the modern technology.

In so doing, they have reached to the international market with ease. It has been discussed here as to how development — economic as well as social — takes place with the advancement of technology but not without leaving a scar to threaten the human society.

Essay on Technology and Development

The American population has therefore become skilled and productive in life. The Effects essay on technology and economic development Technology on American Economy The computer and telecommunications industry has been advancing tremendously in the last decades in United States. Homepage Online help Writing prompts Samples on topics related to health Extended definition topics Writing edsay critique paper Writing and structuring a short essay Tutorial on cause and effect essay Writing a great essay introduction Fresh argument essay topics Essay introduction writing tips Essay help: Your email address will develppment be published.


Foreign study in regular undergraduate and graduate programmes, training programmes of United Nations and other international agencies, internal training programmes of business firms etc. Sample about effective medical teams Essay on technology and economic development science: Dangers of Technology Addiction. The acquisition of technology from developmfnt sources is known as technology transfer.

Under this broad definition various sources of technology transfer can be grouped under the following categories: An Useful Essay on Woman Words.

Much as some people have indicated that technology leads to undesired shifts from the labor intensive industry ecinomic capital intensive ones, there are many job opportunities that have been created through the platform.

Though our planners have pointed out that capital must be created tehcnology selective capital be invested in growth for development of the- economy if the country wants to achieve a desired rate of growth.