Developments in the area of industry that have happened during recent 20 years as an example of the impact of inter alia globalization

People, who are now believed to be an older generation (aged 50 or higher) mostly get to know that the world changes very quickly. It is indicated by the fact that, first and foremost, the pace of improvements has improved 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.

Consequently, in order to more appropriately respond to the needs of the market, we are advised to not forget that, first of all, we need to learn constantly and don’t stop developing our knowledge. Thanks to this kind attitude we are likely to be in much better position concerning searching new job etc. Changes are inevitable element of existence at present, which we may also discover on the example of industry, a topic where the structure of the employment on the Earth has improved a lot. It is proved by the term of labor expenses. It implies how much money is paid for one person in a country for one hour of work.

Another meaningful fact is connected with demographical tendencies, as also in this area a lot has changed compared with recent decades. First and foremost, 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 world’s citizens. Therefore, the expenses of employing a person there compared with Europe is completely much more attractive, which implies that also increasing amount of mines as well as factories are established there. This indicates that industry sector is no longer as popular it used to be for example half a century ago.

In the light of the points mentioned above, regards Europe, this continent is at present observed to be improvingly more influenced by services, which in almost every country on the continent generates greatest percentage of GDP. The importance of industry is currently significantly smaller, which is indicated by the fact that experts in the area of technology work there.