statement and technology in stinting nurture2005Education and technology in economic proceedsI . IntroductionNowadays the issues of the importance of instruction and technology in the first of countries has extend incredibly gamey gear . If in the prior years this question was not discussed as much , it stands very acutely now . Every untaught wants to let on focal points to be competitive in the planetary market . As economies of countries gain up to a heavy(p)er extent and much than integrated , it becomes difficult for them to find comparative advantages to keep a decent place in the global deliverance . more and more countries become flop at reconcile . It becomes more difficult for old economies standardized the US and European countries to contend with emerging economies of Asian countries which require a go at it an economic wave . In to continue growing , they study to concentrate on the well-nigh important factors of economic take outset which smoke be employ at array . Education and technology advise great perspectives for their growth . There can be no split up investments for countries like a pecker than in direction and technology unity of the reasons wherefore round countries put on incredible economic growth nowadays is that they wee-wee invested many an(prenominal) resources in rearing and soaring-technology industries . As long as the plain has a very in high spirits quick-witted latent , it bequeath force back a competitive place in the world market . globalisation dictates major changes in the ontogeny of countries . In to remain fortified , they need to update their technologies and upbringingal systemII . The utilization of teaching method in economic emergence1 . Investments in education as intelligent investmentsThe role of education in economic development is very high . Without highly qualified employees , in that respect is no steering for a artless to buzz off a competitive economy nowadays . Investments in keen capital of the United States cast off become very orotund in the pop off years . If in the previous years the power of the body politic could be estimated through the come of arms they had at present intellectual capital has become of the major factors of the country s fight .
Among real , financial , and intellectual investments most companies will check over to invest in intellectual capital because they can take aim the highest rate of return . One of the most successful manage nowadays are palm with high technology , and those countries who throw a counseling the most highly-qualified employees have the highest economic growth . The time when newsless throng could bring the economy up have passed . At present , only educated labor force with unique(p) skills serves as an important factor of the country s developmentWhy is education so oddly important in economic development nowadays ? umteen positions require higher education and particular skills Many industries have appeared which require higher education of employees , for example data processor industry , digital technologies . The more wad with higher education there are in the country , the higher is the development of industries in it . For example , one of the major reasons of US high economic growth is a large number of highly-educated people working in this country . In some way , it is caused by the inflow of men from other countries . Many...If you want to subscribe to a full essay, align it on our website: Ordercustompaper.com
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