Author : Johnny Ch Lok
Publisher : Independently Published
ISBN 13 : 9781792999079
Total Pages : 168 pages
Book Rating : 4.9/5 (99 download)
Book Synopsis Future Technology Development by : Johnny Ch Lok
Download or read book Future Technology Development written by Johnny Ch Lok and published by Independently Published. This book was released on 2019 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: Assuming that UK high technological automatic manufacturing workers who would desire only to introduce changes in the workings of the international economic order and policies of countries participating in the present economic order rather than change the order itself, what will be UK manufacturers their specific economic preferences in the future? It implies tnat either concentrate on spending more investment to automatic high technological development, e.g. human intelligence automatic high technological products or still concentrate on spending more investment to common traditional technological products.However, UK was a developed Western country which had had strong automatic high technological development effort very long time. Otherwise, it compared to some developing countries, such as Asian China, Hong Kong, Korea etc. Asian countries their future economic growth rate will show un- surprising, different patterns, so the Asian countries has weak effort to invest high automatic technological product development, such as human intelligence technological development. The catching-up process suggests low economic growth rate in the high automatic technological product development to the Asian developing countries in the future.Hence, the future economists predict that it views as probable successors of the Western world economic leadership if any Western country, such as UK manufacturers who prefer to invest to any high automatic technological products development, e.g. developing on human intelligence automatic technological products more than traditional common technological products development. On the one side, but it seems important to stress that two very poor countries among the challengers-China and India-are examples of countries that changed their institutions and economic policies from no or little economic freedom to more economic freedom. Because there two countries whose governments prefer to lend loans to encourage their country manufacturers prefer to invest high automatic technological products manufacturing. On the other side, attitudes toward foreign direct investment (FDI) have undergone change since the 1960 s and a large majority of less developed countries, e.g. China and India are now competing strongly among themselves and with developed market economies for direct investment from multinational companies. So, UK will face China and India high automatic technological product competitors in the future. And in fact, all countries that joined Western developed economies did that without much (if any) external inflow of public resources. It is right time that UK government needs to lend loans to encourage domestic manufacturers to invest high automatic technological products to raise whose international high technological products sale effort to win its future competitors. So, machine resources will be increased demand to o UK manufacturers if who chose to spend machine resources to innovate to manufacture any new and high technological automatic products to raise human daily life needs in the future. It means that it is right time UK manufacturers need buy much machines to prepare to manufacture many future high technological automatic products when these machine prices are low. Because the future global machine prices will possible be raised if many China and India manufacturers will also buy many machines in the future. For example, USA government had provided much financial support to assist sugar cane producers to develop their businesses. And they are dependent to a much larger extent than sugar cane producers and sugar processors in the USA on government. Without very high subsidies to renewable energy generation, they would not have survived at all. So, USA government had been the first country which could lent much financial assistance to encourage domestic renewable energy generation manufacturers to develop high technological energy manufacturing business.
