Introduction Economic growth is achieved by creating favourable conditions for it to occur. Since we did see an improved growth performance in South Africa, particularly when compared to the previous ten years. In this assignment I gave more detail about economic achievements in South Africa since The largest sector of the economy is services which accounts for around 73 percent of GDP.
What will the next 10 years hold for science? How many more amazing scientific discoveries will we see by the end of the next decade? And how will these change our lives? Titan has lakes of liquid methane instead of water.
Cracking the mysteries of the universe.
CERN We are learning about our universe more rapidly than before and the next decade could herald some exciting discoveries, says Colless. These results and the Planck cosmic microwave background observations could solve the mystery of dark matter and dark energy," Lineweaver says.
A grand unifying theory of biology. While discovering the Higgs-boson particle may help us understand how our universe works, a new science called interactomics may help us understand the meaning of life on Earth. Once upon a time, we thought genes could explain everything we observe in biology.
Then epigenetics came along, revealing that our appearance and function are the result not just of our genes but also their interaction with their environment. Interactomics — a grand unifying theory of biology — could help us predict how a system will behave based on information about the individual components that make up that system, says Professor Stephen Simpson from the University of Sydney.
Achieving such a synthesis is one of the greatest challenges in modern biology, with immense practical implications," Simpson says. New bodies But what of our own biology? What will the human body look like a decade from now?
Fat is the new thin, size 18 the new Your entire DNA sequenced for the cost of a new lounge suite. Theoretically this information could be used to predict diseases, cancer and obesity years ahead of when they actually develop," says Georges.
New genomics technology will also transform forensics, making it increasingly difficult for perpetrators to remain unconnected to their crime scene and victim.
And bylaboratories will have sequenced the full genomes of 10, organisms, providing a wealth of data to help understand how organisms function, how they respond to the environment and ultimately how they evolve.
Any wound can be healed by combining tissue engineering, bioengineering and nanotechnology. Self-assembling nanoparticles will restore the tissue framework, and ultimately in-situ tissue regeneration will become commonplace. Soldiers will be 40 per cent biology, 60 per cent technology.
New technology will deliver more than physical benefits in the next decade. Remember the implantable memory chips in the science fiction classic Neuromancer?
Well, the reality of having direct access to cyberspace via implants in the brain is closer than you think, says Professor Vaughan Macefield from the University of Western Sydney.However, over the next thirty years it is possible that new technologies and new service strategies could improve the efficiency of the long-term care sector.
The assumption of 1 percent inflation above average inflation seems like a moderately—but not unreasonably— optimistic guess.
We will write a custom essay sample on National Economy over the Next Decade specifically for you for only $ $/page. Men dominate just two of the 15 job categories projected to grow the most over the next decade: janitor and computer engineer. Japan is in a national panic over the rise of the “herbivores.
Over the next decade, the unemployment rate is lower in CBO’s current projections than in its previous ones—particularly during the next few years, when economic stimulus boosts demand for labor.
Also, both short-and long-term interest rates are projected to be higher, on average, from to —by roughly percentage points and National Debt Essay - National Debt The national debt is an issue of great concern to the economy.
Each year, the debt amounts to a higher percentage of GDP.
As we have studied, the debt weighs down the economy, and the interest payments are consuming an ever larger share of the national budget. Assignment 2: Global Economy, National Economies, and Competition In the first part of the twenty-first century a great recession struck most of the countries in the world.
The next decade has been severally impacted with the consequences of this crisis.