I am familiar with natural science to
some extent, subjects like mostly Physics and somehow Chemistry and biology.
Though am having interest in Computer Science, Economics, Mathematics and little
Physics, Here I found that Economics has a great impact to all of these natural
science in a Real-Practical manner were the main target is one to use these knowledge
to innovate a technology which will resonate to the society and world-wide in
general.
It comes when there is 1st
world countries and 3rd world countries in the same globe. This all
depends on the Economic System running on these countries. A good example is
United States were it is the country which is very perfect and effective in
development of SciTech and general development .But why so? Before that I am
sure When I visit a 3rd world country and talk to some of Tech funs
and ask them an what are their new technology proposal and I’d say 95% of those teams will
build exactly what they claim if given the resources, but 95% of those projects
will fail because their economy doesn’t support I did anticipate even though timing is needed but in 1st
world countries that is not the issue, they have a capitalist economy the Government has full support of dev. In SciTech
on establishment of different research centers as well as Protection of its
experts
This Is why so, When a Scientist have invented
a new Tech, the following has to take place so as his invention to become successful-
First the Scientist has to take in mind that the tech he/she want to invent has
to resonate with time, Economically time is money -The tech invented needs a capital
from different Investors were the investment policy is well formulated in
Capitalist countries rather than the other economy systems such policy are
Availability of financial Institutions, Low Interest rate from these Financial Institutions,
Liquidity preference of the community, High Level of Income from individuals, Country
past Savings and so on… all these are found in capitalist countries.
Also the aggregate demand of that Tech
must be equal to the aggregate supply so as to have a full usage of the tech invented.
Apart from the 3rd world countries cannot be able to invent a new
tech, even the purchase of that tech is still a miracle due to lack of purchasing
power, Low tech found in their place(hence there is no need of it)
As Currently the Software is bringing the world online from transport to communication, from food to shipping logistics and the supply chain from photography to surveying to delivery from shelter to clothing to your very wallet and keychain can be accessed on demand from your mobile phone, in more cities every day.
Hundreds of millions of people have now migrated to the cloud, spending
hours per day working, playing, chatting, and laughing in real-time HD
resolution with people thousands of miles away … without knowing their
next-door neighbors.
So this is what makes other fields to depend on the economy of a particular nation....
No comments:
Post a Comment