During the late18th and former(a) nineteenth century in Britain , the number of people employed in industrial manufacturing outgrowthd significantly especially in textiles industry to fulfill some(prenominal) overseas and domestic markets (EHS , 2004The productiveness growth also exists because working universe move into towns across the Britain and shrink from important role during the period such as sell , petty trading , manufacturing , domestic service , and transportFor the introductory while , in the history during and post industrial revolution records the amity between state and economic growth in which they both increase within the long term . This is wherefore the industrial revolution was such a watershed (EHS , 20 04 . tabular regalia 1 shows the relation between the advancement of technology and population growth to the growing number of outputIn addition to the capability to increase output , the use of technology also provides the productiveness improvement . Litan and Livlin reveal that the use of Internet has the potential to increase productivity growth in several issues as followingCost diminution of many proceedings necessary to produce and distribute goods and servicesThe cost reduction occurs since internet technology possesses several features such as temporary transmission of information for various tasks such as take and distributing financial records , routine motions like payments , and efficient transaction by employing with web-based technologyEnhancing management efficiencyThis efficiency occurs since internet technology is open of managing supply chains more effectively and communicating more easily within both a state and interstateCompetition sweetener , makin g prices more transparent , and broadening markets fo! r buyers and sellersA major...If you want to fit a full essay, order it on our website: OrderCustomPaper.com
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