In: Operations Management
Write a short essay about, No less than 600 words
Why is social progress important?
Why is regional development important?
What do you think:
are there any similarities between the development of Science and
Technology Police Research in the European Union and in
Ukraine?
Social progress helps Women work force to work equally like men
ad improve our economy
Any Disparity in Races, caste, religion, sex will have bad impact
in Economy.
if we have to move forward these problems have to be kept back and
start growing in harmony.
Visas are bad for economy (This is proven using big analysis)
Regional development is must because suppose a problem arises in
any any particular region, regions might not be able to help them
quickly which will have huge impact not only on that region but
since the world economy and supply chain has globalised it will
have major impact.
Reservations for the needy like backward caste, appropriate welfare
schemes and healthcare opportunities.
All these things helps in improving our economy, Per capita
income.
The important feature about betterment, it we can measure it in
various forms like life expectancy of citizens living in a country/
region. Though not accurate indicator but a good indicator is Per
capita income of the citizens of the country.
When a region progresses only then it will be able to move from
less productive sector i.e Agriculture to more productive sectors
like Manufacturing and services. When population moves and such
transition are made then people will be able to increase their
income.
In England and Ukrine the demand elasticity of non agricultural
things is >1
This helps them both to increase and invest regiourously in
non-agricultral activity.
research is suppose to develop country's firm capability and help
it grow it's technology
Y = fn(k,L)
Where Y is GDP of a country and K= capital and L= Labour and fn
curve also rises with technology and research