During the late18th and former(a) nineteenth century in Britain , the total of people employed in industrial manufacturing subjoind significantly especially in textiles industry to fulfill twain afield and domestic markets (EHS , 2004The productiveness growth also exists because working reality move into towns across the Britain and symbolise important role during the clock time period such as sell , petty trading , manufacturing , domestic service , and transportFor the introductory time , in the history during and status industrial revolution records the accordance between cosmos and economic growth in which they both(prenominal) increase within the colossal term . This is wherefore the industrial revolution was such a watershed (EHS , 2004 . tabular stray 1 shows the relation between the advancement of technology and population growth to the growing exit of outputIn addition to the capability to increase output , the use of technology also provides the productiveness improvement . Litan and Livlin reveal that the use of profit has the potential to increase productivity growth in several issues as followingCost diminution of galore(postnominal) proceedings necessary to produce and distribute goods and servicesThe cost reduction occurs since internet technology possesses several features such as wing transmission of information for mixed tasks such as hide and distributing financial records , routine minutes like payments , and efficient proceeding by employing with web-based technologyEnhancing management expertnessThis efficiency occurs since internet technology is absolved of managing supply chains more effectively and communicating more easily within both a state and interstateCompetition sweetening , making prices more unbiased , and broadening markets for buyers and sellersA major...If you want to fit a full essay, stray it on our website: Orderessay
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