Running head : EconomicsNameUniversityCourseTutorDateWill a bare-ass Economy pay back out to New Attitudes (MacroeconomicsIntroductionThe emergence of the juvenile parsimony in has lead to a dismissal from old production miserliness to a modernistic economy that is based on acquisition of inevitable skills and knowledge . This has way outed in change of attitude among every players of the new economy . Major focus has shifted from provide of un-skilled compass to provision of skilled labor based on scientific and technological knowledgePositive change in attitude p These substantiative 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 finis making in the firms in the new eco nomy is non vested on maven person rather than in multilevel and consultative get on (Shalla 2009People bequeath embrace learning 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 tidy transition between schools and work , education institutions will shift their focus to the demands of labor markets and structure their programs to character these requirement s (A Fact tag end , 2000 . The importance g! iven to education will surpass the boilersuit cost in the technology orientated companiesIndustries will keep up a global approach to...If you loss to get a full essay, order it on our website:
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