(1) technology technology plays a major role towards economic development, including the creation of an important innovation that affects the growth of industry and economic growth in the long term. Countries who came later in the industrial revolution (like the u.s. with China) could learn mistakes in economic policy of the country that started the process of industrial development comes first. Including country after there is no need to waste resources in pursuit of technological progress. It can be taken from the State-of-the-art technology in industrial development begins using immediately. With an improved and more innovative, and more sophisticated. Compared to the more than 200 years ago when it started. In the case of the United States can develop a beneficial. Spinning machine weaving factory development by improving the conditions that correspond to the inputs of the economy with a labor shortage. Which must be focused on the labor-saving technology to the shoulders, the u.s. can improve the production system to manufacture distances (mass production), the United States is a leader in the production of industrial products and industrial development along faster.
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