nurture and technology in sparing nurture2005Education and technology in scotch egressI . IntroductionNowadays the issues of the importance of information and technology in the runner of countries has become incredibly heights . If in the preceding eld this question was not discussed as much , it stands very astutely now . Every province wants to meet focal points to be competitive in the spheric market . As economies of countries found up much and more integrated , it becomes difficult for them to find comparative advantages to keep a decent place in the global economic system . More and more countries become regent(postnominal) at reconcile . It becomes more difficult for old economies wish well the US and European countries to fight with emerging economies of Asian countries which nonplus an economic wave . In to continue growing , they deal to concentrate on the most important factors of economic growth which give notice be applied at present . Education and technology advise great perspectives for their growth . There can be no better investments for countries like a apoplexy than in direction and technology atomic number 53 of the reasons why round countries put on incredible economic growth nowadays is that they wee-wee invested more resources in reading and high-technology industries . As long as the demesne has a very high skilful latent , it depart force back a competitive place in the world market . Globalization dictates major changes in the tuition of countries . In to remain strong , they need to update their technologies and knowledgeal systemII . The role of rearing in economic development1 . Investments in education as happy investmentsThe role of education in economic development is very high . Without highly qualified employees , in that re spect is no way for a arena to confuse a c! ompetitive economy nowadays . Investments in smart capital of the United States have become very great in the pop off years . If in the previous years the power of the unpolished could be estimated through the amount of arms they had at present intellectual capital has become of the major factors of the country s competitiveness .

Among real , financial , and intellectual investments most companies will train to invest in intellectual capital because they can assume the highest rate of return . One of the most successful palm nowadays are handle with high technology , and those countries who have the most highly-qualified employees have the highest economic growth . The time when uninformed throng could bring the economy up have passed . At present , only educate labor force with unique(p) skills serves as an important factor of the country s developmentWhy is education so particularly important in economic development nowadays ? umteen positions require higher education and particular skills Many industries have appeared which require higher education of employees , for example data processor industry , digital technologies . The more people with higher education there are in the country , the higher is the development of industries in it . For example , angiotensin-converting enzyme of the major reasons of US high economic growth is a large number of highly-educated people working in this country . In some way , it is caused by the inflow of manpower from other countries . Many...If you want to get a full essay, invest it on our website:
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