Trade – why similar field is known to be an example of substantial influence of rapid tempo of improvements of technology

Increasing percentage of people currently tend to find out that despite the fact that the world develops too rapidly, in fact there are plenty benefits related to this kind tendency. It is implied by the fact that owing to such a kind changes we are able to benefit from broad range of inventions that might make doing diverse tasks significantly simpler.


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Prepared by: yoggy0
Taken from: http://www.flickr.com
A worth mentioning example is connected with the field of trade. Compared for example with the situation one century ago we are able to instantly find out that for instance the infrastructure has developed to such impressive level that delivery sector has never been so attractive to end-users. Let’s check the attitude of people regards online shopping for instance ten years ago and the situation now.

First and foremost we may observe that rising percentage of people take advantage of this option. It is indicated by the fact that due to it we can make shopping in even less than one minute and have everything delivered straight to our house. Furthermore, owing to increasing competition in similar area the costs of such a service have been considerably reduced, which makes online shopping with no doubt not less attractive than visiting the store on our own.

The trade has also improved a lot also on the macroeconomic scale. We can find out it analyzing the trends regards amount of commodities sent between different countries. It is referred to the fact that almost every topic of transport has developed considerably and each of it is used for various purposes. Inter alia shipments are used in case commodities have to be sent in huge amount to the other region of the planet. On the other hand, planes are used when there is a time pressure and not that huge amount has to be transferred.


To sum up, situation in trade proves that the influence of the technology improvement is quite substantial. Hence, despite the fact that we cannot predict it with full confidence, we should remember that in the future even more complicated options might be created.
2018/02/02, 11:51
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