A resultant effect of the proliferation of technology is reduced cost of communication and travel influenced by competition. ... Economic Impacts Since its conception, the aviation industry has undergone numerous changes and developments to acquire its current status. ... Competition is evident in the commercial sector. ... Among them are environmental concerns of the technology, the social and political influenced as well as the economic impact of adopting the technology. ... Therefore, engineering practices should not be practiced at the expense of some economic status of certain individuals...

• Word Count: 1316
• Approx Pages: 5
• Has Bibliography
• Grade Level: Undergraduate

An externality is an economic effect that results from an economic choice but is not reflected in market prices. ... The Gorgon project will meet the need for clean energy in today's market place; it will enhance energy competition and security of supply in Australia. ... The workforce would also create flow-on economic benefits through spending in the region. ... However, Barrow Island is the only economic location for this facility. ... The development will project National, State and Regional Economic benefits by increasing general economic growth, sustaining regional development and...

• Word Count: 2008
• Approx Pages: 8
• Grade Level: Graduate

For humans, they have many aesthetic, recreational, economic, historical, cultural and religious values. ... For those opportunities that do exist, there is intense competition for the few jobs available. ... Greed and the quest for economic and political power are important underlying forces. ... They do not have access to more modern technologies that could increase their productivity and economic security. ... Forests play a crucial role in the economic life of Nepal. ...

• Word Count: 2084
• Approx Pages: 8