June 1, 2021
Trade – why similar topic is known to be an example of substantial influence of quick pace of developments of technology
An attractive example is related to the area of trade. Compared inter alia with the situation one century ago we might rapidly discover that for example the infrastructure has improved to such great level that delivery sector has never been so attractive to clients. Let’s check the attitude of people concerning online shopping inter alia ten years ago and the situation now.
First and foremost we may observe that rising number of people take advantage of similar option. It is implied by the fact that due to it we may make shopping in even less than one minute and have everything delivered straight to our house. What is more, owing to increasing competition in this field the costs of such a service have been significantly decreased, which makes online shopping surely not less attractive than visiting the store on our own.
The trade has also changed significantly also on the macroeconomic scale. We can find out it analyzing the trends in terms of amount of commodities sent between different countries. It is referred to the fact that almost every area of transport has developed a lot and each of it is used for diverse purposes. For example shipments are used in case commodities have to be sent in huge amount to the other region of the planet. On the other hand, planes are used when there is a time pressure and not that huge amount needs to be transferred.