Running head : EconomicsNameUniversityCourseTutorDateWill a innovative Economy frame out to New Attitudes (MacroeconomicsIntroductionThe emergence of the juvenile parsimony in has lead to a careen from old production sparing to a tender economy that is based on skill of inevitable skills and knowledge . This has rooted in change of attitude among only players of the new economy . Major focus has shifted from provide of un-skilled industry to provision of skilled labor based on scientific and technological knowledgePositive change in attitude p These dictatorial changes are in line with the demands and concerns of the new economy . The new economy has brought about a change in the organisational models which has be sick more emphasis on teamwork . The closing making in the firms in the new economy is non vested on maven person rather than in multilevel and consultative get on (Shalla 2009People bequeath embrace development technology as the device driver of the development .
New economy requires high levels of cultivation . This is as a result of emergence of skilled jobs and a plastered level of education This will lead to people embracing education as the demand for knowledgeable workers continues to rise . To abut a heartfelt transition between schools and work , education institutions will shift their focus to the demands of labor markets and structure their programs to character these requirements (A Fact main sheet , 2000 . The importance given to educa! tion will surpass the boilers suit cost in the technology orientated companiesIndustries will wed a global approach to...If you loss to get a full essay, order it on our website:
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