Imported technology, in context from the statement, identifies machines which are not indigenous towards the Caribbean. These types of machines let little or no manual effort used in order to finish tasks. The moot suggests that, these systems have advanced Caribbean financial systems only a little bit.
Database of essay examples, templates and tips for writing For only $9.90/page
Imported technology has not partially improved Caribbean economies. It includes immensely increased economies of the Caribbean. A large number of Caribbean island destinations depend on tourism as a market, and technology plays and integral function in improving this market.
Technology can be described as massive promoting media. Promoting of the island destinations is done through television and radio commercials, the Internet through web pages as well as brochures, which are printed simply by machines. Technology has without a doubt fostered the enhancement with the tourist industry. Technology through tourism offers aided in generating revenue for the islands.
Technology has made the Caribbean famous. Financial economical institutions also have taken good thing about imported technologies to meet the needs with their customers. Folks no longer need to wait in lengthy queues to become served by unfriendly individual tellers to withdraw or deposit payments. Technology has turned it likely to have Automated Teller Devices (ATM’s), mobile phone banking, offshore banking and credit and debit cards – the use of digital cash. From this new age of business, technology is what makes an improvement.
The use of technology in advertising promotes economic development through the consumption of goods and services. The systems employed to boost this development are web commerce, the getting of goods and or services with the use of digital cash, and web pages. Allows not forget the greater ancient, yet somehow still technical ways of advertising and marketing, the television and radio. Moreover many businesses have realized the efficiency of technology and thus have taken steps to handle their businesses by using accounting and workplace systems that are technologically driven. Technology has created jobs.
Every man made things are not long term and they breakdown and endeavors are made to deal with them. This produces jobs intended for television; a radio station and appliances for the home repair males. Technology has also created jobs for advertising experts in tv set and radio. One should not forget the i . t sector, which is now developing quickly.
This sector has produced many jobs such as info entry man or women, systems experts, programmers, pc technicians, and suppliers of hardware and software. Jobs are created and these individuals are now able to provide for their particular basic needs of lifestyle. It is quite evidential that technology has played out an essential role in the improvement of Carribbean economies.
The role technology has played out is definitely familiar, vast, huge and not little.
Capital Budgeting Essay
1 ) Define the term “incremental money flow”. Because the project will be financed simply by debt, should the cash flow analysis are the interest expenditure? Incremental cashflow is the ...
Economic welfare analysis in India Rubber Essay
Queries: (a) Using the concepts and diagrams defined in our workshops, explain totally the impact in India’s financial welfare of access to the world market to get natural rubber International ...
Environmental economics Essay
Studies by those who claim to know the most about finance suggest that marketplaces become unsuccessful as external effects of electrical power exploration, climatic change and acidic rain water becomes ...
Middle Range Theory Essay
Cohen’s article (2010) addresses the simple fact that the transition from teenage years to adult life no longer arises at age 21 years old. Starting in the 1970’s the U. ...
The Trend of Logistics Development in China Essay
With China’s coming into WTO plus the coming from the economic globalization, modern strategies has entered into a much increased stage. In 2003, the strategies in Chinese suppliers occupied RMB ...
The Theory Of Demand And Supply Essay
The idea of demand and supply is likely to explain the behavior of sellers as well as customers as far as value and quantity of goods provided and acquired is ...
Economics – Frictional and Structural Unemployment Essay
This kind of assignment largely compares and contrasts the two broad categories of unemployment which are Structural and Frictional lack of employment. The type of lack of employment which has ...
Economic Development Programs Essay
Within just my community, there are several creation programs that have been established for the purposes of making the city more straight participative in economic development. Such programs include gardening ...
The Fuss about the North East New Territories Development Plan Essay
The us government should go in advance in order to cater to the overspill and the quickly growing populace, alleviate socio-economic problems in inner cities by creating a pleasant environment ...
The attempt by the government Essay
A Slum identifies informal pay outs within urban areas or towns. The casual settlements illustrate inadequate real estate and unpleasant condition with reference to living standards (Meade p 43). In ...