During the late18th and former(a) nineteenth century in Britain , the modus operandi of people employed in industrial manufacturing subjoind importantly especially in textiles industry to fulfill twain afield and internal markets (EHS , 2004The productiveness growth also exists because working creation move into towns across the Britain and puzzle out important role during the decimal point such as retail , petty trading , manufacturing , domestic service , and transportFor the introductory eon , in the history during and brand industrial revolution records the concordance among population and economic growth in which they both(prenominal) increase within the yen term . This is wherefore the industrial revolution was such a watershed (EHS , 2004 . tabular soldiery 1 shows the relation between the advancement of technology and population growth to the growing moment 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 net profit has the potential to increase productivity growth in several issues as followingCost step-down of many an(prenominal) proceedings necessary to produce and distribute goods and servicesThe cost reduction occurs since internet technology possesses several features such as move transmission of information for confused tasks such as make do and distributing financial records , routine proceeding like payments , and efficient exercise by employing with web-based technologyEnhancing management competencyThis efficiency occurs since internet technology is escaped of managing supply chains more effectively and communicating more easily within both a state and interstateCompetition enhancement , making prices more bluff , and broadening markets for buyers and sellersA major...If you want to fit a full essay, crop it on our website: Orderessay
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