Several inventions and discoveries have been made with the help of computer technology. It is predicted that as computers continue evolving there will be an increase in the spending for computers from business people and customers in the U.S (Hammersly, 2012). How will computers affect people and environment in the future? We have seen a lot of changes already. What is next?
The revolution had many impacts on Victorian life and many people benefited from industrialization but many people did not. For most people the Industrial Revolution was a good thing. Farm workers now had machines to help them and owners of the new factories and mills were making lots of money from the goods, made in their factories, being exported and sold. New inventions such as the telegraph and the typewriter created different kinds of jobs. However, for many people, life was made much more difficult.
Conclusively, Raising minimum wage can positively impact a younger person in society. It can benefit more then just the employee himself or herself. In raising minimum wage it affects the economy in a positive financial way and better the community. By giving the employee more pay it gives them the ability of being less dependent of the government and be in a better financial state. If the employee receives higher pay then they are less likely to quit their jobs.
This would be great in the long run as humans. It would allow people to get more done and have fuller lives with more time to spend with families. People have the concern that overpopulation would happen and resources would be used up a lot faster. If scientists were able to increase life span, then the economy would be much better even though the natural resources would be hurt. Money would be pouring in for companies to use for research and maybe even finding another energy source.
The problem is increasing numbers of workers and their families live in poverty.Which Pathe stated “with a higher wage, and these compensatory measures in place, employment won’t decline, but it will grow more slowly because of decreased sale volume, at least for the first few years the new wage is implemented” (Pathe). A better way of raising the minimum wage without killing jobs is they could cut wages for higher-paid workers. Which would help the low wage workers at the expense of better paid workers. Also companies can raise their prices in response. when increasing the minimum wage with businesses it boost consumer demand, growing our economy and helping communities thrive.Bernstein argues that “It estimates that the increase in the wage would reduce employment by about 500,000, and 8 million low wage workers would be benefited from the change” (Bernstein).
They will have more positive feelings feel smarter and when people become richer (Carlson, 2013). This is the reason why the rich people have the better life and happier than poor people. At a certain level, money makes the rich happier than the poor. When people have everything they need, they do not worry about the way to earn it. Everybody believes money will ensure a good life for most people.
There will no longer be as high of a demand for jobs because people who have them will last longer in them, but people will still need jobs. This will increase the poverty rate and natural cycle of life and the economy. He also asserts that the things that make us truly human like our emotions will be disrupted by these technologies and people will have to redefine
The lack of it could cause downsizing because of payroll issues. Technology is always changing, and some companies do not have the time or money to update their equipment. This will result in losing some customers, and without customers there is no inflow of money. Also with the changing technology comes more competition. Many new companies are trying to break into the business barriers.
The quality of computer-manufactured articles is more consistent and better, leading to greater productivity and reliability. Working conditions are often cleaner and safer. There may be shorter working hours but this could mean more reduncancies or redeployment. Skilled workers have seen their skills made redundant by CAM. Companies must modernise to remain competative and viable; if non-viable then there may be even more job losses.
During the Pre-Industrialization, most people belonged to either high or low-class not middle class, and many were farmers who lived in the countryside. Also, goods were made by hand thus the products were not readily affordable or available. However, agricultural revolution, population growth, natural resources, factors of production,inventions and transportation all contributed to the growth of the Industrial Revolution. The Industrial Revolution resulted in positive and negative changes that paved the way for the working condition and wages, living condition and reform of social class. As a result of enclosure movement, many farmers moved into cities and became factory workers.