ch+34+inventions


 * Technological Advancements of the Age of Globalization **

Technology Industries brought America out of stagflation and brought it in to a period of economic boom. The growth of digital technology made possible an enormous range of new products that quickly became central to American economic life: computers, the internet, cell phones, digital music, video, cameras, personal digital assistants, and many other products. The greatness of the technological industries can be displayed through the creation of NASDAQ. And in-fact still today ** high-technology industries are driving economic growth around the world **. Over the past 22 years (1980–2001), output by high-technology manufacturing industries grew at annual rate of 6.5 percent. ** The United States continues to be the leading producer of high-technology products and is responsible for about one-third of the world's production. **In 2001, U.S. high-technology industries accounted for 32 percent of world output. ** The market competitiveness of individual U.S. high-technology industries varies, although each maintained strong market positions over the 22-year period from 1980-2001. **Competitive pressure from a growing number of technology-producing nations has led to a reduction or flattening of U.S. market share in recent years. Between 1998 and 2001, U.S. industry lost world market share in computers and office machinery and communication equipment, maintained a rather stable market share in aerospace and pharmaceuticals, and gained market share in scientific instruments (do Texas-instruments ring a bell?). ** Technology products account for a larger share of U.S. exports than imports (For those of you that aren’t as on the ball as the rest of us, that’s a good thing). **U.S. high-technology industries contributed to the strong export performance of the nation's manufacturing industries. In 2001, exports by U.S. high-technology industries accounted for 17 percent of world high-technology exports. ** Knowledge-intensive service industries fueled service-sector growth around the world. **Global sales in knowledge-intensive service industries exceeded $12.3 trillion in 2001, up from $8.0 trillion in 1990. The United States was the leading provider of knowledge-intensive services, responsible for between 32 and 34 percent of world revenue totals during the 22-year period examined. ** The United States is a net exporter of technological know-how sold as intellectual property. **On average, royalties and fees received from foreign firms were three times greater than those paid out to foreigners by U.S. firms for access to their technology. In 2001, U.S. receipts from the licensing of technological know-how to foreigners totaled $4.9 billion, 24.4 percent higher than in 1999. We owe all of our modern development to previous developmental examples from earlier generations. See also New Industry and Technology. See also New Research and Development and Production MethodsNew Research and Development and Production Methods. See also []
 * [[image:http://www.cnq.ca/Storage.asp?StorageID=88814&SiteLanguageID=1 width="386" height="385" align="left"]]Technology Industries **

Makes “soft money” more feasible, and brought about an end of large amounts of hard money. See also Free Silver. See also Hard Money vs. Soft Money. See also []. There’s really not much to say. Intel created the first microprocessor in 1971. Apple made Apple II in 1977 (really creative name), followed by the PC in 1981. Microsoft became a technological powerhouse, or a monopoly, as the book puts it, over operating systems companies.
 * The Personal Computer **

Helped out defense related projects. By 1971 23 computers where hooked up through Arpanet. In 1984 there were less then a thousand computers hooked up to the internet. By 1994 there were over 6 million. The World Wide Web was an idea by a British guy.
 * [[image:http://terrystevenson.files.wordpress.com/2009/06/how-to-use-the-internet.jpg align="left"]]The Internet **

Was an international scientific research project with a primary goal to determine the sequence of chemical base pairs which make up DNA and to identify and map the approximately 20,000–25,000 genes of the human genome from both a physical and functional standpoint. The project began in 1990 and was initially headed by James D. Watson at the U.S. National Institutes of Health. A working draft of the genome was released in 2000 and a complete one in 2003, with further analysis still being published. A parallel project was conducted outside of government by the Celera Corporation. Most of the government-sponsored sequencing was performed in universities and research centers from the United States, the United Kingdom, Japan, France, Germany, China, India, Canada, and New Zealand. The mapping of human genes is an important step in the development of medicines and other aspects of health care. See Also []
 * The Human Genome Project**

Sources include:

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American History by Alan Brinkley

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and of course []