Will a new economy lead to new attitudes Essay Example | Topics and Well Written Essays - 250 words

Will a new economy lead to new lieus - Essay ExampleThe introduction of new technologies had replaced many manufacturing processes done in 1930s. chthonic the present economy, new industries are introduced, jobs are created, wages and income increase and skills are honed. New industries gives new jobs, new technologies and provide new ways or organizing whole kit and boodle that have changed work patterns in many existing jobs. As business becomes high tech, goods and services are more innovative and production grows to be flexible, attitude of people becomes to be more conscious of efficiency and productivity. Wherein before, there is a perception that it is difficult to make business in other parts of the world, at a time the world becomes our next doors neighbor. As the IT brings in development of trade toward globalization, the new attitude is that of being innovative to become competitive and having a strong disposition to compete in global business world. (The new economy i ndex)In conclusion, new attitude developed by the new economy are the outlook towards global competitiveness, that of being responsive to technological change, manners in business, mind-set of being efficient and innovative in the shed light on of the fast pace of economic