1.1.1 Industry Flashcards
1.1 The impact of new and emerging technologies
List some benefits of new and emerging tech to industry:
- Cutting costs, more efficient methods
- Products brought to market quicker
- Less human error
- Reduce waste
List some negatives of new and emerging tech to industry:
- Less need for manual jobs causing widespread unemployment
- Workforce skill set low, workers need to embrace new tech to compete
Define demographic movement:
The way in which the populations structure changes such as a result of an ageing community or migration
List some benefits for countries losing people:
- fewer people to feed
- extra income sent back home
- reduced pressure on job and resources
List some negatives for countries losing people:
- Loss of young and able people
- Lose of those with good skills and education
- Families divided
List some benefits for countries gaining people:
- Labor shortages overcome
- Migrants prepared to take lower pay
- Cultural diversity
List some negatives for countries gaining people:
- Language problems
- pressure on services and resources
What are science and technology parks?
They support new and emerging technologies by enabling businesses to associate with a particular centre of knowledge.