Post : Economics and technological development
Title : Economics and technological development
Economics and technological development
Economics and technological development
In ancient history, economics began when occasional, spontaneous exchange of goods and services was replaced over time by deliberate trade structures. Makers of arrowheads, for example, might have realized they could do better by concentrating on making arrowheads and barter for other needs. Clearly, regardless of goods and services bartered, some amount of technology was involved—if no more than in the making of shell and bead jewelry. Even the shaman's potions and sacred objects can be said to have involved some technology. So, from the very beginnings, technology can be said to have spurred the development of more elaborate economies.
In the modern world, superior technologies, resources, geography, and history give rise to robust economies; and in a well-functioning, robust economy, economic excess naturally flows into greater use of technology.
Funding
Consequently, the sources of funding for large technological efforts have dramatically narrowed, since few have ready access to the collective labor of a whole society, or even a large part. It is conventional to divide up funding sources into governmental (involving whole, or nearly whole, social enterprises) and private (involving more limited, but generally more sharply focused) business or individual enterprises.
Other economic considerations
- Appropriate technology, sometimes called "intermediate" technology, more of an economics concern, refers to compromises between central and expensive technologies ofdeveloped nations and those that developing nations find most effective to deploy given an excess of labour and scarcity of cash.
- Persuasion technology: In economics, definitions or assumptions of progress or growth are often related to one or more assumptions about technology's economic influence. Challenging prevailing assumptions about technology and its usefulness has led to alternative ideas like uneconomic growth or measuring well-being. These, and economics itself, can often be described as technologies, specifically, as persuasion technology.
- Technocapitalism
- Technological diffusion
- Technology acceptance model
- Technology lifecycle
- Technology transfer
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Why Technology Is Good
Here Come New Ideas for Why Technology is Good Economics and technological development, I hope my article give you benefit to know Why Technology Is Good
Here Come New Ideas for Why Technology is Good.
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