Author : Johnny Ch LOK
Publisher :
ISBN 13 :
Total Pages : 101 pages
Book Rating : 4.6/5 (172 download)
Book Synopsis How to Predict Future Main Market to Computer Industry by : Johnny Ch LOK
Download or read book How to Predict Future Main Market to Computer Industry written by Johnny Ch LOK and published by . This book was released on 2020-02-23 with total page 101 pages. Available in PDF, EPUB and Kindle. Book excerpt: ⦁The problem of economic growth to ChinaIf productive capacity grows, an economy can produce progressively more goods, which raises the standard of living. Such as if there are many computer manufactuers have effort ability and capital to apply factories and machines, e.g. robotic to manufacture many different design of laptops or desktops in bulk in every day. Then, it will have enough computer supply to deliver to anywhere computer shops to sell to any computer buyers. So, productive capacity grows which will raise computer supply number and reduce shortage of computer supply challenge in China. The increase in productive capacity of an economy is called economic growth. There are various factors affecting economic growth. The problems of economic growth have been discussed by numerous growth models, including the Harrod-Domar model, the neoclassical growth models of Solow and Swan, and the Cambridge growth models of Kaldor and Joan Robinson. This part of the economic problem is studied in the economies of development. So, China government ought assist some money to some financial difficult China computer shops to help them to buy enough productive machine and factory and employ enough workers to produce the enough of computers to supply to any computer shops to sell and avoid the shortage of computer stock challenges to let any computer buyers need to wait long time the stock of computer delivery to buy.⦁Five bases problems of economyIn our societies , in general, our societies will have these similar problems The following points highlight the five basic problems of an economy. The problems are: 1. What to Produce and in What Quantities? 2. How to Produce these Goods? 3. For whom is the Goods Produced? 4. How Efficiently are the Resources being utilized? 5. Is the Economy Growing?. Problem 1:What to Produce and in What Quantities?The first central problem of an economy is to decide what goods and services are to be produced and in what quantities. Such as China computer industy case, what designs of different laptops or desktops as well as how many number of the kind of desktop or laptop. This involves allocation of scarce resources in relation to the composition of total output in the economy. Since resources are scarce, the society has to decide about the goods to be produced: wheat, cloth, roads, television, power, buildings, and so on. Once the nature of goods to be produced is decided, then their quantities are to be decided. How many tones of wheat, how many televisions, how many million of power, how many buildings, etc. Since the resources of the economy are scarce, the problem of the nature of goods and their quantities has to be decided on the basis of priorities or preferences of the society. If the society gives priority to the production of more consumer goods now, it will have less in the future. A higher priority on capital goods implies less consumer goods now and more in the future. But since resources are scarce, if some goods are produced in larger quantities, some other goods will have to be produced in smaller quantities. Suppose the economy produces capital goods and consumer goods. In deciding the total output of the economy, the society has to choose that combination of capital goods and consumer goods which is in keeping with its resources.
