Development of Technology

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Development of technology:

New and better technologies replace older obsolete ones

The speed of growth increases

Life cycles have become shorter

Technology and Economic Development:

Countries with the best access to knowledge are best placed to gain wealth

Affluent countries invest more in education

Majority of R&D (Research & Development) is in western Europe. North America and Japan receive high income from royalties and license fees

Expectation of people that continuing technological developments will help the world tackle new problems as they arise.

Why is an attitudinal fix needed?

This involves changing human behaviour e.g. HIV/AIDS = public health education to prevent spread of disease