During the late18th and former(a) nineteenth century in Britain , the number of people employed in industrial manufacturing incrementd significantly especially in textiles industry to fulfill both(prenominal) overseas and domestic markets (EHS , 2004The productiveness growth also exists because working universe move into towns across the Britain and victimize important role during the period such as retail , petty trading , manufacturing , domestic service , and transportFor the introductory while , in the history during and post industrial revolution records the consent between tribe and economic growth in which they both increase within the long term . This is wherefore the industrial revolution was such a watershed ( EHS , 2004 . tabular graze 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 productivity improvement . Litan and Livlin reveal that the use of Internet has the potential to increase productivity growth in several issues as followingCost decrease of many another(prenominal) proceedings necessary to produce and distribute goods and servicesThe cost reduction occurs since internet technology possesses several features such as immobile transmission of information for various tasks such as get across and distributing financial records , routine performances like payments , and efficient transaction by employing with web-based technologyEnhancing management efficiencyThis efficiency occurs since internet technology is opened of managing supply chains more effectively and communicating more easily within both a state and int erstateCompetition sweetener , making prices more tra! nsparent , and broadening markets for buyers and sellersA major...If you want to fit a full essay, order it on our website: OrderCustomPaper.com
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