Difference between revisions of "Increasing standard of living"
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The world has been shrinking. Human race has become capable of reaching out to each other rapidly and effectively anywhere in the world. The rampant sharing of knowledge and resources has led to creation of a global community. Globalization has induced development in many parts of the world previously underdeveloped. As a result, there is increase in the number of jobs created which is leading to more number of people being equipped with higher spending power than ever before. The world market is expanding at a very fast pace. The old ways of production and process are not apt enough to meet the demand of the current generation. Innovation is required to meet the needs of people all over the world, who are now seeking better standards of living. <br> | The world has been shrinking. Human race has become capable of reaching out to each other rapidly and effectively anywhere in the world. The rampant sharing of knowledge and resources has led to creation of a global community. Globalization has induced development in many parts of the world previously underdeveloped. As a result, there is increase in the number of jobs created which is leading to more number of people being equipped with higher spending power than ever before. The world market is expanding at a very fast pace. The old ways of production and process are not apt enough to meet the demand of the current generation. Innovation is required to meet the needs of people all over the world, who are now seeking better standards of living. <br> | ||
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<h2>Enablers</h2> | <h2>Enablers</h2> | ||