Effects Of Technology On The Economy - where can
Impact 1. Technology and Society: The most dramatic influence of technology has been felt on society. Technological development affects life of every human being. The effects of technology on society can be studied as under: a. It provides opportunity to the business houses. Consumers expect that new varieties of products, superior in quality, free from pollution, more safe, more comfortable should be produced and supplied to them at a short notice of time. Scientific discoveries have little or no meaning unless there are competent business units to produce for people what science has discovered. Society depends on business to keep the stream of discovery flowing into useful goods and services for mankind. If there are no business institutions, new discoveries would, remain mere ideas in mind, sketches on paper or models in laboratories. Therefore a business and technology are closely related to each other. Effects Of Technology On The Economy
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