General Information



Introduction


    This category includes the entries dealing with the size, development, and management of productive resources, i.e., land, labor, and capital.

    There is a brief description of the type of economy, including the degree of market orientation, the level of economic development, the most important natural resources, and the unique areas of specialization. It also characterizes some major economic events and policy changes and may include a statement about one or two key future macroeconomic trends.

Industries


  • Dominated by the onrush of technology, especially in computers, robotics, telecommunications, and medicines and medical equipment.
  • Most of these advances take place in OECD nations
  • Only a small portion of non-OECD countries have succeeded in rapidly adjusting to these technological forces.
  • The accelerated development of new industrial (and agricultural) technology is complicating already grim environmental problems.