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Essay / Research Paper Abstract
This 12 page paper considers the relationship between technology and technological adoption, globalization and economic growth. The paper considers this from an economic perspective looking at the interaction and motivation of the developed and developing countries and considers how this manifests and the way reality compared with theory. The bibliography cites 7 sources.
Page Count:
12 pages (~225 words per page)
File: TS14_TEtechglo.rtf
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Unformatted sample text from the term paper:
and trade or gain the use of resources has been traced back to Neolithic times it was also this desire that fuelled the colonisation of many countries. This was all
facilitated by technology, the ability to travel to areas, the use technology in the form of weapons to gain an advantage over natives and other technologies to gain value form
the expansions of empire. Therefore technology has been behind globalisation for many centuries, it is the concept of technology that has changed. If we look at globalisations today the
pace has increased dramatically and we may argue the reasons for this increase has been argued as technological development, giving developed counties a greater advantages and leaving many developing nations
seeking knowledge transfer in order to develop their own economies. There is a clear correlation between the rise and proliferation of modern technology and the increased pace of
globalisation. Here we can look at technology sue as the internet and computers, but also have to include many other elements such as faster transportation and better communication which also
facilitate increased international trade. If we look at the economic growth as a part of the globalisation process over the last
fifty years this is supported by the way the actual output increase has remained constant, but the value created has increased disproportionately at the same time as technology has grown.
There is little to contradict the fact that real economic growth has taken place on a global scale. Between 1950 and 1994 the output increased by more than five
times, however the level of trading increased disproportionately with 14 the amount o trade taking place in 1994 than in 1950 (Trade point, 2003). This is shown in figure 1
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