Developments in the area of industry that have happened during recent 20 years as an example of the influence of for instance globalization

People, who are now known to be an older generation (aged 50 or higher) mostly discover that the world changes pretty quickly. It is proved by the fact that, firstly, the pace of improvements has developed considerably. That’s the reason why, sometimes learning one skill or having a professional commodity may only provide us a competitive benefit only for short period of time.

That’s the reason why, in order to better respond to the demands of the market, we are recommended to not forget that, firstly, we ought to learn regularly and don’t stop improving our knowledge. Thanks to such an attitude we are likely to be in significantly better position in terms of searching new job etc. Developments are necessary element of existence contemporarily, which we might also find out on the example of industry, a field where the structure of the employment on the Earth has changed substantially. It is proved by the term of labor expenses. It indicates how much money is paid for one person in a country for one hour of work.



Another meaningful fact is related to demographical tendencies, as also in this area a lot has changed compared with recent decades. First of all, there are some countries that have more than one milliard of people living between their borders. The most meaningful examples are connected with China and Indie, which together have about 1/3 of the globe’s citizens. That’s the reason why, the expenses of employing a person there compared with Europe is far more attractive, which implies that also increasing amount of mines as well as factories are opened there.

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This indicates that industry sector is no longer as popular it used to be inter alia half a century ago.

Taking everything into consideration, concerning Europe, this continent is currently recognized to be improvingly more impacted by services, which in almost every country on the continent generates highest percentage of GDP. The importance of industry is these days substantially lower, which is proved by the tendency that specialists in the area of technology exist there.