Developments in the field of industry that have happened during recent 20 years as an example of the influence of for example globalization

People, who are now believed to be an older generation (aged 50 or higher) mostly find out that the world changes very quickly. It is indicated by the fact that, first and foremost, the pace of improvements has improved considerably. Thus, in some cases learning one skill or having a professional good may only give us a competitive advantage only for short period of time.


Autor: Bryce Miller
Therefore, in order to more appropriately respond to the requirements of the market, we are recommended to remember that, first of all, we ought to learn regularly and don’t stop improving our knowledge. Thanks to such an attitude we are likely to be in far better position concerning searching new job etc. Developments are necessary element of existence contemporarily, which we can also find out on the example of industry, a topic where the structure of the employment on the Earth has improved substantially. It is proved by the term of labor expenses. It means how much money is paid for one person in a country for one hour of work.

Another influential fact is referred to demographical tendencies, as also in this area a lot has developed compared with recent decades. First and foremost, there are some countries that have more than one milliard of people living between their borders. The most important examples are connected with China and Indie, which together have about 1/3 of the world’s citizens. That’s the reason why, the costs of employing a person there compared with Europe is completely much more attractive, which implies that also more and more mines as well as factories are opened there. This indicates that industry sector is no longer as popular it used to be inter alia half a century ago.

To conclude, in terms of Europe, this continent is contemporarily discovered to be improvingly more influenced by services, which in almost every country on the continent generates highest percentage of GDP. The meaning of industry is nowadays considerably smaller, which is indicated by the fact that specialists in the area of technology exist there.