Question

What is one opportunity that will be created by the future economy and how you might start a business to take advantage of it. Please provide your a 3-4 page MS Word file, with references. Thank you

Answer 1

The opportunity that will be created in future has been forecasted by different economists in different ways.

Growth in China is slowing down. In Europe, it is near zero and in the whole world, there will be a recession. the income inequality will be rising and there will be political instability.

The one opportunity created in future will be in the field of technology. There will a tech invasion and world's leading Companies will be focused. Today's business reality is different. We live in a world of bytes and for the first time, technology and commerce have collided that makes data far more valuable than a tangible object. the best thing is to see how the market values business.

Companies like Amazon, Microsoft have supplanted traditional blue-chip companies. The tech-invasion is leveraging connectivity, network effects, artificial intelligence unprecedented scale to create global platforms that are almost impossible to compete with.

The tech has already taken retail and advertising and now will take over healthcare, education finance, production and manufacture.

Technology is coming very rapidly in all aspects of the economy. All the business related to technology such as the IT sector, manufacturing, schools, online studies, travel, meditation, food, diet, organic farming, fashion dress designinG will be very profitable.