Improvements in the topic of industry that have happened during recent 20 years as an example of the influence of for instance globalization

People, who are now known to be an older generation (aged 50 or higher) often get to know that the world changes pretty quickly. It is implied by the fact that, firstly, the pace of improvements has improved considerably. Thus, in some cases learning one skill or having a professional commodity may only provide us a competitive advantage only for short period of time.

That’s the reason why, in order to more appropriately respond to the needs of the market, we are advised to keep in mind that, above all, we need to learn regularly and don’t stop developing our knowledge. Thanks to this kind attitude we are likely to be in significantly better position in terms of seeking new job etc. Changes are necessary element of existence these days, which we can also find out on the example of industry, a topic where the structure of the employment on the Earth has grown a lot. It is implied by the term of labor costs. It indicates how much money is paid for one person in a country for one hour of work.

Another influential fact is related to demographical tendencies, as also in this topic a lot has changed compared with recent decades. Firstly, there are some countries that have more than one milliard of people living between their borders. The most influential examples are related to China and Indie, which together have about 1/3 of the world’s citizens. Therefore, the expenses of employing a person there compared with Europe is significantly more attractive, which implies that also rising number of mines as well as factories are opened there. This implies that industry sector is no longer as popular it used to be inter alia half a century ago.

In the light of the points mentioned above, in terms of Europe, this continent is at present found out to be improvingly more impacted by services, which in almost every country on the continent generates greatest percentage of GDP. The role of industry is nowadays considerably lower, which is proved by the fact that experts in the topic of technology exist there.