the advantages of economic grow, technology and

7/29/2019 The Advantages of Economic Grow, Technology And

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THE ADVANTAGES OF

ECONOMIC GROW,

TECHNOLOGY AND SCIENCE

Con - 122


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ADVANTAGES


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T H E A I M O F T H I S A C T I V I T Y I S T O E N C O U R A G E S O M E

T H I N K I N G A B O U T T H E C O S T S A N D B E N E F I T S O F E C O N O M I C

G R O W T H I N D E V E L O P I N G C O U N T R I E S . M A N Y W O U L D

A S S U M E T H A T T O I M P R O V E T H E S I T U A T I O N F A C E D B Y M A N Y

P E O P L E I N T H E D E V E L O P I N G W O R L D , S O M E M E A N S O FI N C R E A S I N G T H E E C O N O M I C G R O W T H

O F T H E C O U N T R Y I S D E S I R A B L E .

Economic growth is also a long-term expansion of the productive

potential of the economy. Sustained economic growth should

lead to an increase in real living standards and rising

employment.


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I M PA C T O F E C O N O M I C A L G R OW


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E C O N O M I C G R O W T H M A Y H AV E B E N E F I T S

B U T T H E S E M U S T B E B A L A N C E D B Y A

C O N S I D E R A T I O N O F T H E C O S T S O F

E C O N O M I C G R O W T H . I N P A R T I C U L A R , W E

M U S T C O N S I D E R T H E F AC T O R S R E L A T I N G

S P E C I F I C A L L Y T O D E V E L O P I N G C O U N T R I E S

T H A T C O U L D L E A D E C O N O M I C G R OW T H T O

H AV E A D I F F E R E N T I M PA C T T O T H A T

W H I C H M I G H T B E E X P E C T E D I N T H ED E V E L O P E D W O R L D


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E C O N O M I C G R O W T H D O E S N O T A L W A Y S

B R I N G T H E E X P E C T E D B E N E F I T S F O R A L L .

T H E B E N E F I T S H A V E T O B E W E I G H E D

A G A I N S T T H E C O S T S , C O S T S T H A T A R E

N O T A L W A Y S A S O B V I O U S A S I N C R E A S E S

I N P O L L U T I O N A N D E N V I R O N M E N T A L

D E G R A D A T I O N . P H O T O L I B R A R Y G R O U P


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1) Raise standard of living

because there's an increase in

goods and services being

produced

2) Higher employment

through diversification.

3) Money can be spent on

protecting the environment

4) Improve firms' and

consumers' confidence (positive

outlook) which may lead to an

increase in investment.

5)Lower unemployment With

higher output firms tend to

employ more workers creating

more employment.


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ADVANTAGES OFTECHNOLOGY


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T O DAY, W E C A N T I M A G I N E O U R S E L V E S

W I T H O U T T E C H N O L O G I C A L A D VA N C E S

S U C H A S C A R S , M I C R O WAV E S , C E L L P H O N E S ,

C O M P U T E R S, A N D T E L E V I S I O N S . H OW E V E R ,

T E C H N O L O G Y W O N T S T O P H E R E , B U T

D E V E L O P F U R T H E R . A S T E C H N O L O G Y

D E V E L O P S , T H E R E A R E M U C H

A D VA N T AG E S .


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NEW TECHNOLOGY


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ADVANTAGES

5) Making impossible things

possible are similar features of

the change which previous people

have experienced by social change

6) The Technological progress

make our society more

convenient and safe

7) Modern technologies create

many kinds of products -

computers, cloning technology,and spacecraft.

1) Medical care & response time

to critical situations

2) Information storage &

retrievel for crime prevention &

apprehension

3) Technology today has made

life better and quicker

4) From a hunting society to an

agricultural society and establishing acommercial society due to the

invention of new tools.


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ADVANTAGES OF SCIENCE


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O NE O F T H E ST RIK ING FE A T URE S

O F 2 0 C E NT URY IS T H E PRO GRE SS

O F I S N O S E C T I O N O H H U M A NS O C I E T Y I N W H I C H S C I E N C E H A S

NO T B RO UGH T RE V O L UT IO N. B UT

ST IL L T H E T E RM I S DE B AT E D

A M O N G T H E C O N S C I O U S P E O P L E

T H AT W H E T H E R S C IE NC E I SB L E S S I N G O R I T I S A C U R S E F O R

H U M A N I T Y


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-MEDICINES EASIER TO

SYNTHESISE.


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* Every morning we have fresh where it necessary. By paying nominal price we

get information and education t our door.

Atomic energy is used for many development purposes. It is the cheapest

source of energy. Electricity can be produced by it. It is used for the purpose

to cure cancer and other dangerous diseases..

In space permanent satellite stations have established for research

purposes. Man has landed on the moon. Now the space expeditions are

ready for new horizons


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The population of the world is rapidly increasing. The demand offood is also increasing with the increase of population. To meet the

growing demands scientific techniques are applied in agriculture.

Crimes investigations department is applying latest scientific

methods to investigate. The impact of science in our life is certainly

great.

Medical science inspite of its all boasted success has badly failed to

cure some chronic diseases. Despite the hectic efforts to control floods,

water is still a major natural calamity.


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1) Less work for humans

2) Makes life more enjoyable

3) More effectiveness in doing some things.

4) Ability to discover more new things.

5) Faster to do some jobs.

A DVA N TAG E S

the advantages of economic grow, technology and

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