Technology plays a major role towards economic development, including the creation of important innovations that affect the growth of industry and economic growth in the long term. Countries who came later in the industrial revolution (like the United States, with China) could learn mistakes in economic policy of the country in which the industrial development process started before. Including country after there is no need to waste resources in pursuit of technological progress. Because State-of-the-art technology can be applied from the beginning development of industrial use. With an improved and more innovative, and more sophisticated. In the case of the United States can develop a beneficial. Spinning machine weaving factory development by improving the working conditions that conform to the inputs of the economy with a labor shortage. Which focuses on the labour-saving technologies to help 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 always and can develop faster.
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