Changes in the field of industry that have happened during recent 20 years as an example of the influence of inter alia globalization

People, who are now thought to be an older generation (aged 50 or higher) often find out that the world changes very rapidly. It is indicated by the fact that, firstly, the pace of developments has improved significantly. Thus, sometimes learning one skill or having a professional commodity may only give us a competitive positive aspect only for short period of time.


Autor: Bryce Miller
That’s the reason why, in order to better respond to the needs of the market, we are advised to remember that, first and foremost, we ought to learn regularly and don’t stop developing our knowledge. Due to such an attitude we are likely to be in far better position regards seeking new job etc. Developments are necessary element of existence these days, which we can also discover on the example of industry, a area where the structure of the employment on the Earth has changed substantially. It is indicated by the term of labor costs. It means 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 field a lot has changed compared with recent decades. Firstly, there are some countries that have more than one milliard of people living between their borders. The most influential examples are referred to China and Indie, which together have about 1/3 of the Earth’s citizens. That’s the reason why, the costs of employing a person there compared with Europe is significantly more attractive, which implies that also increasing number of mines as well as factories are established there. This implies that industry sector is no longer as popular it used to be for example half a century ago.

Taking everything into consideration, regards Europe, this continent is currently observed to be increasingly more influenced by services, which in almost every country on the continent generates highest percentage of GDP. The role of industry is nowadays substantially smaller, which is indicated by the tendency that experts in the topic of technology exist there.

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