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

give a young economy lead to new attitudes - Essay ExampleThe introduction of new technologies had replaced many a(prenominal) manufacturing processes done in 1930s. Under the present economy, new industries argon 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 ricks that have changed work patterns in many existing jobs. As business becomes high tech, goods and services are more progressive 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, now the world becomes our succeeding(prenominal) doors neighbor. As the IT brings in development of trade toward globalization, the new attitude is that of being modernistic to become competitive and having a strong disposition to compete in global business wor ld. (The new economy index)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 in effect(p) and innovative in the light of the fast pace of economic